FirmaIQ
Org.nr 979 844 298 2019 → 2020 Year-over-year analysis

AD LAGUN AS: årsregnskap 2020 vs 2019

Shrank 94% on revenue, stronger earnings

approved 2021-08-20; registry 2021-09-04; journal 2021 669264

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AD LAGUN AS. Revenue 1.07m NOK → 67.5k NOK (-93.7%). Net result -1.19m NOK → -669.9k NOK. Equity 3.58m NOK → 2.91m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.07m NOK 67.5k NOK
-93.7%
Operating result
-1.13m NOK -669.0k NOK
+40.9%
Net result
-1.19m NOK -669.9k NOK
+43.6%
Equity
3.58m NOK 2.91m NOK
-18.7%
Cash
38.6k NOK 221.3k NOK
+473.9%
Total assets
3.77m NOK 4.02m NOK
+6.6%

What improved

  • ↑

    Operating result improved

    Operating result -1.13m NOK → -669.0k NOK (op. margin -105.4% → -990.8%). Calculated

  • ↑

    Net result improved

    Net result -1.19m NOK → -669.9k NOK (net margin -110.8% → -992.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 38.6k NOK → 221.3k NOK (+473.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.31× → 317.97×. Calculated

  • ↑

    Payroll decreased

    Salary cost 183.3k NOK → 2 NOK (17% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.07m NOK to 67.5k NOK (-93.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 3.58m NOK → 2.91m NOK (equity ratio 94.8% → 72.2%). Calculated