Org.nr 916 977 565 2020 → 2021 Year-over-year analysis

ADNUNTIUS AS: årsregnskap 2021 vs 2020

Shrank 11% on revenue, weaker earnings

approved 2022-06-30; registry 2022-07-11; journal 2022 620280

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADNUNTIUS AS. Revenue 8.58m NOK → 7.68m NOK (-10.5%). Net result -3.62m NOK → -10.96m NOK. Equity 7 NOK → 3.69m NOK.

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

Also worth watching: paid-in equity reduced; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADNUNTIUS AS.

Scorecard

Revenue
8.58m NOK 7.68m NOK
-10.5%
Operating result
-4.60m NOK -10.38m NOK
-125.7%
Net result
-3.62m NOK -10.96m NOK
-202.8%
Equity
7 NOK 3.69m NOK
+52725528.6%
Cash
921.0k NOK 2.71m NOK
+194.8%
Total assets
24.96m NOK 23.26m NOK
-6.8%

What improved

  • ↑

    Equity strengthened

    Book equity 7 NOK → 3.69m NOK (equity ratio 0.0% → 15.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 921.0k NOK → 2.71m NOK (+194.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.58m NOK to 7.68m NOK (-10.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -4.60m NOK → -10.38m NOK (op. margin -53.6% → -135.2%). Calculated

  • ↓

    Net result weakened

    Net result -3.62m NOK → -10.96m NOK (net margin -42.2% → -142.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 6.05× → 0.43× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.31m NOK → 8.20m NOK (62% → 107% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 42.06m NOK → 3.69m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 5 NOK → 4.30m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 7 → 7.4. Reported fact