ADRESSEAVISEN AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, weaker earnings
approved 2022-05-31; registry 2022-07-23; journal 2022 687688
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADRESSEAVISEN AS. Revenue 530.29m NOK → 541.6k NOK (-99.9%). Net result +103.35m NOK → +917.9k NOK. Equity 2.84bn NOK → 3.64bn NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRESSEAVISEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.84bn NOK → 3.64bn NOK (equity ratio 89.1% → 89.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 2.73×. Calculated
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↑
Payroll decreased
Salary cost 8.20m NOK → 11 NOK (2% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 530.29m NOK to 541.6k NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +53.78m NOK → +53.64m NOK (op. margin 10.1% → 9904.6%). Calculated
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↓
Net result weakened
Net result +103.35m NOK → +917.9k NOK (net margin 19.5% → 169.5%). Calculated
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↓
COGS moved
COGS / varekostnad 87.03m NOK → 91.09m NOK (+4.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.49bn NOK → 3.11bn NOK. Reported fact