FirmaIQ
Org.nr 893 020 462 2020 → 2021 Year-over-year analysis

ADMIRAL OFFSHORE AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-05-18; registry 2022-07-11; journal 2022 672433

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADMIRAL OFFSHORE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -150.4k NOK → +67.2k NOK. Equity 1.91m NOK → 1.98m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIRAL OFFSHORE AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-102.1k NOK -7 785 NOK
+92.4%
Net result
-150.4k NOK +67.2k NOK
+144.7%
Equity
1.91m NOK 1.98m NOK
+3.5%
Cash
76.2k NOK 176.2k NOK
+131.2%
Total assets
1.91m NOK 1.98m NOK
+3.5%

What improved

  • ↑

    Operating result improved

    Operating result -102.1k NOK → -7 785 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 150.4k NOK to a profit of 67.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.91m NOK → 1.98m NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 76.2k NOK → 176.2k NOK (+131.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 61.5k NOK → 56.5k NOK. Reported fact