Org.nr 984 808 445 2020 → 2021 Year-over-year analysis

ADVACO AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-05-08; registry 2022-06-15; journal 2022 429033

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVACO AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +10.2k NOK → -281.0k NOK. Equity 11.51m NOK → 11.23m NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-21.0k NOK -302.3k NOK
-1342.0%
Net result
+10.2k NOK -281.0k NOK
-2852.1%
Equity
11.51m NOK 11.23m NOK
-2.4%
Cash
7.52m NOK 6.73m NOK
-10.5%
Total assets
13.29m NOK 11.93m NOK
-10.3%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -21.0k NOK → -302.3k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 10.2k NOK profit to a loss of 281.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.51m NOK → 11.23m NOK (equity ratio 86.6% → 94.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.52m NOK → 6.73m NOK (-10.5% YoY). Calculated