FirmaIQ
Org.nr 979 154 895 2019 → 2020 Year-over-year analysis

ADACON AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-05-27; registry 2021-06-19; journal 2021 348515

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADACON AS. Revenue 1.65m NOK → 1.60m NOK (-2.7%). Net result +718.2k NOK → +514.8k NOK. Equity 1.41m NOK → 1.92m 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
1.65m NOK 1.60m NOK
-2.7%
Operating result
+711.9k NOK +634.3k NOK
-10.9%
Net result
+718.2k NOK +514.8k NOK
-28.3%
Equity
1.41m NOK 1.92m NOK
+36.6%
Cash
358.7k NOK 1.98m NOK
+451.4%
Total assets
664.4k NOK 2.30m NOK
+245.6%

What improved

  • ↑

    Equity strengthened

    Book equity 1.41m NOK → 1.92m NOK (equity ratio 212.0% → 83.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 358.7k NOK → 1.98m NOK (+451.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.65m NOK to 1.60m NOK (-2.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +711.9k NOK → +634.3k NOK (op. margin 43.2% → 39.6%). Calculated

  • ↓

    Net result weakened

    Net result +718.2k NOK → +514.8k NOK (net margin 43.6% → 32.1%). Calculated