FirmaIQ
Org.nr 979 154 895 2018 → 2019 Year-over-year analysis

ADACON AS: årsregnskap 2019 vs 2018

Grew 6623% on revenue

approved 2019-12-31; registry 2020-03-11; journal 2020 238050

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADACON AS. Revenue 24.5k NOK → 1.65m NOK (+6622.9%). Net result +649.7k NOK → +718.2k NOK. Equity 8.69m NOK → 1.41m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
24.5k NOK 1.65m NOK
+6622.9%
Operating result
+649.3k NOK +711.9k NOK
+9.6%
Net result
+649.7k NOK +718.2k NOK
+10.5%
Equity
8.69m NOK 1.41m NOK
-83.8%
Cash
478.5k NOK 358.7k NOK
-25.1%
Total assets
864.2k NOK 664.4k NOK
-23.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 24.5k NOK to 1.65m NOK (+6622.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +649.3k NOK → +711.9k NOK (op. margin 2650.2% → 43.2%). Calculated

  • ↑

    Net result improved

    Net result +649.7k NOK → +718.2k NOK (net margin 2651.6% → 43.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 8.69m NOK → 1.41m NOK (equity ratio 1005.6% → 212.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 478.5k NOK → 358.7k NOK (-25.1% YoY). Calculated