FirmaIQ
Org.nr 985 253 846 2019 → 2020 Year-over-year analysis

AD NAVIGATION AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-06-03; registry 2021-07-13; journal 2021 477153

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AD NAVIGATION AS. Revenue 14.58m NOK → 14.37m NOK (-1.4%). Net result +1.92m NOK → +14.88m NOK. Equity 6.09m NOK → 5.96m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
14.58m NOK 14.37m NOK
-1.4%
Operating result
+2.26m NOK +453.6k NOK
-79.9%
Net result
+1.92m NOK +14.88m NOK
+674.2%
Equity
6.09m NOK 5.96m NOK
-2.0%
Cash
3.79m NOK 4.66m NOK
+23.1%
Total assets
9.21m NOK 9.37m NOK
+1.7%

What improved

  • ↑

    Net result improved

    Net result +1.92m NOK → +14.88m NOK (net margin 13.2% → 103.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.79m NOK → 4.66m NOK (+23.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.58m NOK to 14.37m NOK (-1.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.26m NOK → +453.6k NOK (op. margin 15.5% → 3.2%). Calculated

  • ↓

    Equity eroded

    Book equity 6.09m NOK → 5.96m NOK (equity ratio 66.0% → 63.6%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 6.79m NOK → 7.22m NOK (+6.4% YoY). Calculated