FirmaIQ
Org.nr 918 417 427 2018 → 2019 Year-over-year analysis

A-DRIFT AS: årsregnskap 2019 vs 2018

Grew 208% on revenue, returned to profit

approved 2020-03-27; registry 2020-03-30; journal 2020 267297

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A-DRIFT AS. Revenue 45.4k NOK → 139.5k NOK (+207.5%). Net result -102 NOK → +8 135 NOK. Equity 16.9k NOK → 25.0k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for A-DRIFT AS.

At a glance

Scorecard

Revenue
45.4k NOK 139.5k NOK
+207.5%
Operating result
+542 NOK +10.4k NOK
+1816.6%
Net result
-102 NOK +8 135 NOK
+8075.5%
Equity
16.9k NOK 25.0k NOK
+48.1%
Cash
27.6k NOK 32.2k NOK
+16.8%
Total assets
28.3k NOK 37.9k NOK
+34.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 45.4k NOK to 139.5k NOK (+207.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +542 NOK → +10.4k NOK (op. margin 1.2% → 7.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 102 NOK to a profit of 8 135 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 16.9k NOK → 25.0k NOK (equity ratio 59.7% → 66.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 27.6k NOK → 32.2k NOK (+16.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 19.3k NOK → 82.7k NOK (43% → 59% of revenue). Calculated