Org.nr 961 387 582 2020 → 2021 Year-over-year analysis

ADMIN24 AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2021-12-31; registry 2022-07-21; journal 2022 748360

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADMIN24 AS. Net result -175.8k NOK → -86.3k NOK. Equity -234.1k NOK → -320.4k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADMIN24 AS.

Scorecard

Revenue
n/m 6 648 NOK
—
Operating result
-175.7k NOK +6 648 NOK
+103.8%
Net result
-175.8k NOK -86.3k NOK
+50.9%
Equity
-234.1k NOK -320.4k NOK
-36.8%
Cash
-3 045 NOK -3 045 NOK
0.0%
Total assets
985.2k NOK 988.2k NOK
+0.3%

What improved

  • ↑

    Operating result improved

    Operating result -175.7k NOK → +6 648 NOK. Calculated

  • ↑

    Net result improved

    Net result -175.8k NOK → -86.3k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -234.1k NOK → -320.4k NOK (equity ratio -23.8% → -32.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -32.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation