ADS EIENDOM HOLDING AS: årsregnskap 2021 vs 2020
Weaker earnings, cash halved-plus
approved 2022-06-30; registry 2022-08-09; journal 2022 824822
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADS EIENDOM HOLDING AS. Revenue 6 NOK → 6 NOK (0.0%). Net result +2.56m NOK → +202.8k NOK. Equity 9.00m NOK → 9.21m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADS EIENDOM HOLDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 9.00m NOK → 9.21m NOK (equity ratio 50.7% → 45.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -32.8k NOK → -34.9k NOK (op. margin -545966.7% → -581033.3%). Calculated
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↓
Net result weakened
Net result +2.56m NOK → +202.8k NOK (net margin 42627800.0% → 3380350.0%). Calculated
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↓
Cash fell
Bank deposits 3.63m NOK → 867.0k NOK (-76.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.63m NOK → 867.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation