FirmaIQ
Org.nr 910 681 761 2020 → 2021 Year-over-year analysis

ADOLPH BERGSVEI 58 AS: årsregnskap 2021 vs 2020

Shrank 87% on revenue, weaker earnings, cash halved-plus

approved 2022-06-29; registry 2022-07-27; journal 2022 721842

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADOLPH BERGSVEI 58 AS. Revenue 169.73m NOK → 21.68m NOK (-87.2%). Net result +24.28m NOK → +4.06m NOK. Equity 3.72m NOK → 9.16m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADOLPH BERGSVEI 58 AS.

At a glance

Scorecard

Revenue
169.73m NOK 21.68m NOK
-87.2%
Operating result
+31.13m NOK +10.08m NOK
-67.6%
Net result
+24.28m NOK +4.06m NOK
-83.3%
Equity
3.72m NOK 9.16m NOK
+146.4%
Cash
766.2k NOK 25.1k NOK
-96.7%
Total assets
251.93m NOK 47.93m NOK
-81.0%

What improved

  • ↑

    Equity strengthened

    Book equity 3.72m NOK → 9.16m NOK (equity ratio 1.5% → 19.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 169.73m NOK to 21.68m NOK (-87.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +31.13m NOK → +10.08m NOK (op. margin 18.3% → 46.5%). Calculated

  • ↓

    Net result weakened

    Net result +24.28m NOK → +4.06m NOK (net margin 14.3% → 18.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 766.2k NOK → 25.1k NOK (-96.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 138.53m NOK → 11.43m NOK (-91.8% YoY). Calculated