Org.nr 916 941 935 2020 → 2021 Year-over-year analysis

ADVENTUREWORKS AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-05-31; registry 2022-07-26; journal 2022 786804

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVENTUREWORKS AS. Net result -3 995 NOK → +536.0k NOK. Equity 11.35m NOK → 887.5k NOK.

On the constructive side: turned profitable; cash rose. Pressures included: operating result weakened; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Operating result
-4 000 NOK -15.8k NOK
-295.0%
Net result
-3 995 NOK +536.0k NOK
+13517.8%
Equity
11.35m NOK 887.5k NOK
-92.2%
Cash
8 713 NOK 18.7k NOK
+115.1%
Total assets
249.4k NOK 787.9k NOK
+215.9%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 3 995 NOK to a profit of 536.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 8 713 NOK → 18.7k NOK (+115.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4 000 NOK → -15.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.35m NOK → 887.5k NOK (equity ratio 4551.7% → 112.6%). Calculated