ADVANCED THINKERS ENGINEERING AS: årsregnskap 2021 vs 2020
Grew 41% on revenue, slipped into loss
approved 2022-06-30; registry 2022-07-11; journal 2022 621016
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVANCED THINKERS ENGINEERING AS. Revenue 1.67m NOK → 2.36m NOK (+41.2%). Net result +378.4k NOK → -1.37m NOK. Equity -1.85m NOK → -3.23m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVANCED THINKERS ENGINEERING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.67m NOK to 2.36m NOK (+41.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +409.5k NOK → -893.0k NOK (op. margin 24.5% → -37.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 378.4k NOK profit to a loss of 1.37m NOK. Calculated
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↓
Equity eroded
Book equity -1.85m NOK → -3.23m NOK (equity ratio -42.4% → -100.1%). Calculated
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↓
Cash fell
Bank deposits 416.4k NOK → 374.6k NOK (-10.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -100.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 1.3 → 1.5. Reported fact