AD UNDAS AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-02-15; registry 2021-03-09; journal 2021 139453
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AD UNDAS AS. Revenue 5.16m NOK → 5.33m NOK (+3.3%). Net result +98.8k NOK → +8.36m NOK. Equity -40.9k NOK → 8.32m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AD UNDAS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.16m NOK to 5.33m NOK (+3.3% YoY). Calculated
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↑
Net result improved
Net result +98.8k NOK → +8.36m NOK (net margin 1.9% → 156.8%). Calculated
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↑
Equity strengthened
Book equity -40.9k NOK → 8.32m NOK (equity ratio -2.9% → 598.7%). Calculated
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↑
Payroll decreased
Salary cost 2.94m NOK → 854.9k NOK (57% → 16% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 447.1k NOK → 269.8k NOK (-39.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.06m NOK → 3.04m NOK (-0.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 200 NOK → 200.2k NOK. Reported fact