FirmaIQ
Org.nr 919 344 768 2019 → 2020 Year-over-year analysis

ADNIROM 1 AS: årsregnskap 2020 vs 2019

Grew 1093% on revenue, slipped into loss, cash halved-plus

approved 2021-08-20; registry 2021-09-08; journal 2021 737197

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADNIROM 1 AS. Revenue 18.0k NOK → 214.8k NOK (+1093.3%). Net result 0 NOK → -636.1k NOK. Equity 4 192 NOK → -632.2k NOK.

On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADNIROM 1 AS.

At a glance

Scorecard

Revenue
18.0k NOK 214.8k NOK
+1093.3%
Operating result
n/m -557.1k NOK
—
Net result
0 NOK -636.1k NOK
—
Equity
4 192 NOK -632.2k NOK
-15180.4%
Cash
5 512 NOK 2 572 NOK
-53.3%
Total assets
805.5k NOK 307.8k NOK
-61.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.0k NOK to 214.8k NOK (+1093.3% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 636.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4 192 NOK → -632.2k NOK (equity ratio 0.5% → -205.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 5 512 NOK → 2 572 NOK (-53.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -205.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation