FirmaIQ
Org.nr 922 784 167 2019 → 2020 Year-over-year analysis

AD LIB KUNST OG KULTUR AS: årsregnskap 2020 vs 2019

Shrank 14% on revenue, weaker earnings

approved 2021-03-19; registry 2021-06-23; journal 2021 389264

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AD LIB KUNST OG KULTUR AS. Revenue 230.5k NOK → 198.6k NOK (-13.9%). Net result +130.6k NOK → +36.9k NOK. Equity 8.16m NOK → 11.20m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
230.5k NOK 198.6k NOK
-13.9%
Operating result
+167.5k NOK +48.0k NOK
-71.3%
Net result
+130.6k NOK +36.9k NOK
-71.7%
Equity
8.16m NOK 11.20m NOK
+37.2%
Cash
203.5k NOK 177.6k NOK
-12.8%
Total assets
203.5k NOK 248.1k NOK
+21.9%

What improved

  • ↑

    Equity strengthened

    Book equity 8.16m NOK → 11.20m NOK (equity ratio 4010.1% → 4513.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 230.5k NOK to 198.6k NOK (-13.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +167.5k NOK → +48.0k NOK (op. margin 72.6% → 24.2%). Calculated

  • ↓

    Net result weakened

    Net result +130.6k NOK → +36.9k NOK (net margin 56.7% → 18.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 203.5k NOK → 177.6k NOK (-12.8% YoY). Calculated