AD2R HOLDING AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-08-09; registry 2021-10-20; journal 2021 841228
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AD2R HOLDING AS. Revenue 12.09m NOK → 11.63m NOK (-3.8%). Net result +545.6k NOK → +2.30m NOK. Equity 781.7k NOK → 4.18m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AD2R HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +545.6k NOK → +2.30m NOK (net margin 4.5% → 19.8%). Calculated
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↑
Equity strengthened
Book equity 781.7k NOK → 4.18m NOK (equity ratio 13.6% → 58.3%). Calculated
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↑
Cash rose
Bank deposits 152.8k NOK → 2.34m NOK (+1432.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.50m NOK → 3.36m NOK (29% → 29% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.09m NOK to 11.63m NOK (-3.8% YoY). Calculated
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↓
Operating result weakened
Operating result +3.27m NOK → +3.06m NOK (op. margin 27.0% → 26.3%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.72m NOK → 3.54m NOK (-5.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 267.9k NOK → 1.16m NOK. Reported fact