FirmaIQ
Org.nr 917 105 901 2020 → 2021 Year-over-year analysis

ADN HOLDING AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-05-25; registry 2022-06-11; journal 2022 374822

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADN HOLDING AS. Net result +680.8k NOK → +359.7k NOK. Equity 1.71m NOK → 2.07m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: net result weakened; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
n/m 245.8k NOK
—
Operating result
-222.0k NOK -140.1k NOK
+36.9%
Net result
+680.8k NOK +359.7k NOK
-47.2%
Equity
1.71m NOK 2.07m NOK
+21.0%
Cash
7 823 NOK 77.4k NOK
+889.3%
Total assets
6.49m NOK 6.06m NOK
-6.8%

What improved

  • ↑

    Operating result improved

    Operating result -222.0k NOK → -140.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.71m NOK → 2.07m NOK (equity ratio 26.3% → 34.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 7 823 NOK → 77.4k NOK (+889.3% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +680.8k NOK → +359.7k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.52× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.68m NOK → 2.75m NOK. Reported fact