Org.nr 990 835 055 2020 → 2021 Year-over-year analysis

ADOON AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2021-08-16; registry 2021-09-09; journal 2021 685534

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADOON AS. Net result +571.2k NOK → +25.0k NOK. Equity 42.41m NOK → 6.03m NOK.

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

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

Scorecard

Operating result
-5 264 NOK -7 845 NOK
-49.0%
Net result
+571.2k NOK +25.0k NOK
-95.6%
Equity
42.41m NOK 6.03m NOK
-85.8%
Cash
13.4k NOK 4.00m NOK
+29811.7%
Total assets
42.44m NOK 10.03m NOK
-76.4%

What improved

  • ↑

    Cash rose

    Bank deposits 13.4k NOK → 4.00m NOK (+29811.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5 264 NOK → -7 845 NOK. Calculated

  • ↓

    Net result weakened

    Net result +571.2k NOK → +25.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 42.41m NOK → 6.03m NOK (equity ratio 99.9% → 60.1%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 45.10m NOK → 5.36m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 42.42m NOK → 5.04m NOK. Reported fact