Org.nr 988 875 058 2020 → 2021 Year-over-year analysis

ADV INVEST AS: årsregnskap 2021 vs 2020

Cash halved-plus

approved 2022-06-30; registry 2022-08-02; journal 2022 869162

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADV INVEST AS. Net result -8 417 NOK → -11.8k NOK. Equity -1.36m NOK → -1.38m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADV INVEST AS.

At a glance

Revenue

n/m 0 NOK

—

Operating result

-8 019 NOK -11.7k NOK

-46.5%

Net result

-8 417 NOK -11.8k NOK

-39.7%

Equity

-1.36m NOK -1.38m NOK

-0.9%

Cash

5 801 NOK 542 NOK

-90.7%

Total assets

5 801 NOK 542 NOK

-90.7%

↓
Operating result weakened

Operating result -8 019 NOK → -11.7k NOK. Calculated
↓
Net result weakened

Net result -8 417 NOK → -11.8k NOK. Calculated
↓
Equity eroded

Book equity -1.36m NOK → -1.38m NOK (equity ratio -23518.0% → -253881.9%). Calculated
↓
Cash fell

Bank deposits 5 801 NOK → 542 NOK (-90.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is -253881.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation