Org.nr 918 598 626 2020 → 2021 Year-over-year analysis

ADVICON AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-07-31; registry 2022-08-02; journal 2022 866506

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVICON AS. Net result +3.15m NOK → +16.5k NOK. Equity 2.01m NOK → 2.03m 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 ADVICON AS.

At a glance

Revenue

38.2k NOK n/m

—

Operating result

-24.1k NOK -94.2k NOK

-290.3%

Net result

+3.15m NOK +16.5k NOK

-99.5%

Equity

2.01m NOK 2.03m NOK

+0.8%

Cash

230.7k NOK 227.0k NOK

-1.6%

Total assets

2.01m NOK 2.07m NOK

+3.1%

↑
Equity strengthened

Book equity 2.01m NOK → 2.03m NOK (equity ratio 99.9% → 97.7%). Calculated

↓
Operating result weakened

Operating result -24.1k NOK → -94.2k NOK. Calculated
↓
Net result weakened

Net result +3.15m NOK → +16.5k NOK. Calculated
↓
Cash fell

Bank deposits 230.7k NOK → 227.0k NOK (-1.6% YoY). Calculated

·
Book investments changed

Investment / intangible book value 6 181 NOK → 161.5k NOK. Reported fact