Org.nr 951 237 205 2020 → 2021 Year-over-year analysis

ADRIAN AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-06-29; registry 2022-07-16; journal 2022 650672

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADRIAN AS. Net result -2.36m NOK → +506.50m NOK. Equity 64.09m NOK → 569.59m NOK.

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

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

Scorecard

Revenue
-2.12m NOK n/m
—
Operating result
-2.61m NOK -123.2k NOK
+95.3%
Net result
-2.36m NOK +506.50m NOK
+21566.0%
Equity
64.09m NOK 569.59m NOK
+788.7%
Cash
982.8k NOK 851.3k NOK
-13.4%
Total assets
79.14m NOK 569.59m NOK
+619.7%

What improved

  • ↑

    Operating result improved

    Operating result -2.61m NOK → -123.2k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.36m NOK to a profit of 506.50m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 64.09m NOK → 569.59m NOK (equity ratio 81.0% → 100.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 982.8k NOK → 851.3k NOK (-13.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 11.57m NOK → 545.89m NOK. Reported fact