AD-GROUP AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, stronger earnings
approved 2021-05-27; registry 2021-06-19; journal 2021 350121
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AD-GROUP AS. Revenue 300.0k NOK → 342 NOK (-99.9%). Net result +66.2k NOK → +110.1k NOK. Equity 774.7k NOK → 773.0k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +149.3k NOK → +196.0k NOK (op. margin 49.8% → 57301.2%). Calculated
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Net result improved
Net result +66.2k NOK → +110.1k NOK (net margin 22.1% → 32194.7%). Calculated
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Cash rose
Bank deposits 75 NOK → 2 409 NOK (+3112.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 300.0k NOK to 342 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity 774.7k NOK → 773.0k NOK (equity ratio 30.1% → 31.5%). Calculated