A-DRIFT AS: årsregnskap 2020 vs 2019
Grew 48% on revenue, stronger earnings
approved 2020-12-31; registry 2021-03-24; journal 2021 166585
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-DRIFT AS. Revenue 139.5k NOK → 206.8k NOK (+48.2%). Net result +8 135 NOK → +25.1k NOK. Equity 25.0k NOK → 55.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A-DRIFT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 139.5k NOK to 206.8k NOK (+48.2% YoY). Calculated
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Operating result improved
Operating result +10.4k NOK → +32.3k NOK (op. margin 7.4% → 15.6%). Calculated
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Net result improved
Net result +8 135 NOK → +25.1k NOK (net margin 5.8% → 12.1%). Calculated
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Equity strengthened
Book equity 25.0k NOK → 55.1k NOK (equity ratio 66.0% → 75.9%). Calculated
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Owners injected capital
Paid-in equity rose 25.0k NOK → 30.0k NOK (+4 959 NOK). Reported fact
What deteriorated
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Cash fell
Bank deposits 32.2k NOK → 27.3k NOK (-15.3% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 82.7k NOK → 87.8k NOK (59% → 42% of revenue). Calculated