Org.nr 913 512 987 2020 → 2021 Year-over-year analysis

ADRIA WINCH NORWAY AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue

approved 2022-06-22; registry 2022-07-16; journal 2022 718978

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADRIA WINCH NORWAY AS. Revenue 452.6k NOK → 452 NOK (-99.9%). Net result -56.8k NOK → -46.5k NOK. Equity 3.11m NOK → 3.07m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRIA WINCH NORWAY AS.

Scorecard

Revenue
452.6k NOK 452 NOK
-99.9%
Operating result
-412.1k NOK -30.7k NOK
+92.5%
Net result
-56.8k NOK -46.5k NOK
+18.2%
Equity
3.11m NOK 3.07m NOK
-1.5%
Cash
192.4k NOK 405.3k NOK
+110.6%
Total assets
3.20m NOK 3.13m NOK
-2.4%

What improved

  • ↑

    Operating result improved

    Operating result -412.1k NOK → -30.7k NOK (op. margin -91.1% → -6796.5%). Calculated

  • ↑

    Net result improved

    Net result -56.8k NOK → -46.5k NOK (net margin -12.5% → -10276.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 192.4k NOK → 405.3k NOK (+110.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.78m NOK → 2 775 NOK (613% → 614% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 452.6k NOK to 452 NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 3.11m NOK → 3.07m NOK (equity ratio 97.2% → 98.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.83m NOK → 2.51m NOK. Reported fact