FirmaIQ
Org.nr 921 351 364 2019 → 2020 Year-over-year analysis

AD PROPERTY AS: årsregnskap 2020 vs 2019

Shrank 67% on revenue, weaker earnings

approved 2021-09-29; registry 2021-10-02; journal 2021 846286

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AD PROPERTY AS. Revenue 1.81m NOK → 595.2k NOK (-67.2%). Net result +1.15m NOK → +347.2k NOK. Equity 815.8k NOK → 1.96m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.81m NOK 595.2k NOK
-67.2%
Operating result
+1.60m NOK +499.4k NOK
-68.8%
Net result
+1.15m NOK +347.2k NOK
-69.9%
Equity
815.8k NOK 1.96m NOK
+140.6%
Cash
153.7k NOK 955.8k NOK
+521.6%
Total assets
3.59m NOK 8.39m NOK
+133.7%

What improved

  • ↑

    Equity strengthened

    Book equity 815.8k NOK → 1.96m NOK (equity ratio 22.7% → 23.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 153.7k NOK → 955.8k NOK (+521.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.81m NOK to 595.2k NOK (-67.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.60m NOK → +499.4k NOK (op. margin 88.3% → 83.9%). Calculated

  • ↓

    Net result weakened

    Net result +1.15m NOK → +347.2k NOK (net margin 63.6% → 58.3%). Calculated