Org.nr 998 246 326 2020 → 2021 Year-over-year analysis

ADJUVA AS: årsregnskap 2021 vs 2020

Grew 157122642% on revenue, stronger earnings

approved 2021-12-31; registry 2022-05-04; journal 2022 252136

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADJUVA AS. Revenue 477 NOK → 749.48m NOK (+157122641.5%). Net result +2 698 NOK → +420.6k NOK. Equity 9 912 NOK → 8 421 NOK.

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

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADJUVA AS.

Scorecard

Revenue
477 NOK 749.48m NOK
+157122641.5%
Operating result
+159.3k NOK +537 NOK
-99.7%
Net result
+2 698 NOK +420.6k NOK
+15487.8%
Equity
9 912 NOK 8 421 NOK
-15.0%
Cash
514.0k NOK 527.8k NOK
+2.7%
Total assets
626.2k NOK 685.5k NOK
+9.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 477 NOK to 749.48m NOK (+157122641.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +2 698 NOK → +420.6k NOK (net margin 565.6% → 0.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 514.0k NOK → 527.8k NOK (+2.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +159.3k NOK → +537 NOK (op. margin 33388.1% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 9 912 NOK → 8 421 NOK (equity ratio 1.6% → 1.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact