FirmaIQ
Org.nr 988 713 597 2019 → 2020 Year-over-year analysis

ADACC INTERNATIONAL AS: årsregnskap 2020 vs 2019

Stronger earnings, cash halved-plus

registry 2021-08-23; journal 2021 667124

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADACC INTERNATIONAL AS. Revenue 0 NOK → 8 413 NOK. Net result +19.4k NOK → +88.2k NOK. Equity 1.30m NOK → 1.39m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADACC INTERNATIONAL AS.

At a glance

Scorecard

Revenue
0 NOK 8 413 NOK
—
Operating result
-18.5k NOK -13.1k NOK
+29.2%
Net result
+19.4k NOK +88.2k NOK
+354.5%
Equity
1.30m NOK 1.39m NOK
+6.8%
Cash
27.7k NOK 6 763 NOK
-75.6%
Total assets
3.67m NOK 3.75m NOK
+2.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 8 413 NOK. Calculated

  • ↑

    Operating result improved

    Operating result -18.5k NOK → -13.1k NOK. Calculated

  • ↑

    Net result improved

    Net result +19.4k NOK → +88.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.30m NOK → 1.39m NOK (equity ratio 35.4% → 36.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 27.7k NOK → 6 763 NOK (-75.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 257 NOK → 257.0k NOK. Reported fact