Org.nr 922 749 892 2020 → 2021 Year-over-year analysis

ADVANO AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-04-05; registry 2022-04-23; journal 2022 216179

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVANO AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +155.2k NOK → +31.9k NOK. Equity 89.6k NOK → 121.4k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVANO AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+2 NOK -9 164 NOK
-458300.0%
Net result
+155.2k NOK +31.9k NOK
-79.5%
Equity
89.6k NOK 121.4k NOK
+35.6%
Cash
44.4k NOK 40.4k NOK
-9.0%
Total assets
174.4k NOK 180.4k NOK
+3.4%

What improved

  • ↑

    Equity strengthened

    Book equity 89.6k NOK → 121.4k NOK (equity ratio 51.4% → 67.3%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2 NOK → -9 164 NOK. Calculated

  • ↓

    Net result weakened

    Net result +155.2k NOK → +31.9k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 44.4k NOK → 40.4k NOK (-9.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 60.0k NOK → 1 NOK. Reported fact