Org.nr 914 428 246 2020 → 2021 Year-over-year analysis

ADRIATIC TANKERS AS: årsregnskap 2021 vs 2020

A steady year on the published lines

approved 2022-02-28; registry 2022-07-12; journal 2022 630233

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADRIATIC TANKERS AS. Revenue 11.27m NOK → 11.21m NOK (-0.5%). Net result +48.8k NOK → +45.8k NOK. Equity 68.2k NOK → 114.0k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
11.27m NOK 11.21m NOK
-0.5%
Operating result
+6.07m NOK +6.13m NOK
+1.0%
Net result
+48.8k NOK +45.8k NOK
-6.0%
Equity
68.2k NOK 114.0k NOK
+67.2%
Cash
1.00m NOK 1.09m NOK
+8.5%
Total assets
47.42m NOK 44.90m NOK
-5.3%

What improved

  • ↑

    Operating result improved

    Operating result +6.07m NOK → +6.13m NOK (op. margin 53.9% → 54.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 68.2k NOK → 114.0k NOK (equity ratio 0.1% → 0.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.00m NOK → 1.09m NOK (+8.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.27m NOK to 11.21m NOK (-0.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +48.8k NOK → +45.8k NOK (net margin 0.4% → 0.4%). Calculated