Org.nr 922 670 269 2020 → 2021 Year-over-year analysis

ADVANO HOLDING AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-04-05; registry 2022-04-23; journal 2022 216111

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVANO HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +130.8k NOK → +8 386 NOK. Equity 62.7k NOK → 71.0k NOK.

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

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-1 211 NOK -9 250 NOK
-663.8%
Net result
+130.8k NOK +8 386 NOK
-93.6%
Equity
62.7k NOK 71.0k NOK
+13.4%
Cash
40.6k NOK 43.4k NOK
+6.8%
Total assets
110.6k NOK 93.4k NOK
-15.6%

What improved

  • ↑

    Equity strengthened

    Book equity 62.7k NOK → 71.0k NOK (equity ratio 56.6% → 76.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 40.6k NOK → 43.4k NOK (+6.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1 211 NOK → -9 250 NOK. Calculated

  • ↓

    Net result weakened

    Net result +130.8k NOK → +8 386 NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 1 NOK. Reported fact