Org.nr 926 034 294 2020 → 2021 Year-over-year analysis

ADOLFSEN EIENDOM AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-06-20; registry 2022-07-18; journal 2022 733210

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADOLFSEN EIENDOM AS. Revenue 0 NOK → 128.0k NOK. Net result -1 957 NOK → -333.4k NOK. Equity 28.0k NOK → -305.4k NOK.

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

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

Scorecard

Revenue
0 NOK 128.0k NOK
—
Operating result
-4 080 NOK -427.5k NOK
-10377.6%
Net result
-1 957 NOK -333.4k NOK
-16938.3%
Equity
28.0k NOK -305.4k NOK
-1189.0%
Cash
27.4k NOK 80.6k NOK
+194.6%
Total assets
1.23m NOK 1.39m NOK
+13.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 128.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 27.4k NOK → 80.6k NOK (+194.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4 080 NOK → -427.5k NOK. Calculated

  • ↓

    Net result weakened

    Net result -1 957 NOK → -333.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 28.0k NOK → -305.4k NOK (equity ratio 2.3% → -22.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -22.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation