FirmaIQ
Org.nr 922 128 790 2020 → 2021 Year-over-year analysis

ADVEN NORWAY AS: årsregnskap 2021 vs 2020

Grew 99955% on revenue, returned to profit, fresh owner capital

approved 2022-06-16; registry 2022-06-22; journal 2022 482775

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVEN NORWAY AS. Revenue 5 318 NOK → 5.32m NOK (+99955.0%). Net result -2.18m NOK → +1.16m NOK. Equity -2.28m NOK → 1.88m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
5 318 NOK 5.32m NOK
+99955.0%
Operating result
+384.2k NOK +776.8k NOK
+102.2%
Net result
-2.18m NOK +1.16m NOK
+153.1%
Equity
-2.28m NOK 1.88m NOK
+182.4%
Cash
3.86m NOK 10.98m NOK
+184.6%
Total assets
38.12m NOK 41.77m NOK
+9.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5 318 NOK to 5.32m NOK (+99955.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +384.2k NOK → +776.8k NOK (op. margin 7224.0% → 14.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.18m NOK to a profit of 1.16m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -2.28m NOK → 1.88m NOK (equity ratio -6.0% → 4.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.86m NOK → 10.98m NOK (+184.6% YoY). Calculated