FirmaIQ
Org.nr 986 947 132 2020 → 2021 Year-over-year analysis

ADRENALINEVENT AS: årsregnskap 2021 vs 2020

Grew 81% on revenue, returned to profit

approved 2022-05-05; registry 2022-05-23; journal 2022 325537

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADRENALINEVENT AS. Revenue 64.0k NOK → 115.7k NOK (+80.6%). Net result -47.9k NOK → +9 595 NOK. Equity 507.1k NOK → 516.7k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
64.0k NOK 115.7k NOK
+80.6%
Operating result
-56.9k NOK +14.2k NOK
+125.0%
Net result
-47.9k NOK +9 595 NOK
+120.0%
Equity
507.1k NOK 516.7k NOK
+1.9%
Cash
352.6k NOK 322.5k NOK
-8.5%
Total assets
501.1k NOK 519.4k NOK
+3.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 64.0k NOK to 115.7k NOK (+80.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -56.9k NOK → +14.2k NOK (op. margin -88.8% → 12.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 47.9k NOK to a profit of 9 595 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 507.1k NOK → 516.7k NOK (equity ratio 101.2% → 99.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -66.93× → 148.67×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 352.6k NOK → 322.5k NOK (-8.5% YoY). Calculated