Org.nr 995 282 453 2020 → 2021 Year-over-year analysis

ADIK AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-09-05; registry 2022-09-12; journal 2022 922857

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADIK AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -2.02m NOK → -2.19m NOK. Equity -3.55m NOK → -5.75m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADIK AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-1.22m NOK -22.4k NOK
+98.2%
Net result
-2.02m NOK -2.19m NOK
-8.8%
Equity
-3.55m NOK -5.75m NOK
-61.7%
Cash
33.6k NOK 107.3k NOK
+219.6%
Total assets
3.17m NOK 1.08m NOK
-66.1%

What improved

  • ↑

    Operating result improved

    Operating result -1.22m NOK → -22.4k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 33.6k NOK → 107.3k NOK (+219.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -2.02m NOK → -2.19m NOK. Calculated

  • ↓

    Equity eroded

    Book equity -3.55m NOK → -5.75m NOK (equity ratio -112.0% → -533.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -533.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.14m NOK → 970.0k NOK. Reported fact