Org.nr 914 949 289 2019 → 2020 Year-over-year analysis

ADAGGIO HOV AS: årsregnskap 2020 vs 2019

Grew 887% on revenue

approved 2021-03-22; registry 2021-04-07; journal 2021 180892

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADAGGIO HOV AS. Revenue 143.2k NOK → 1.41m NOK (+886.7%). Equity 60.8k NOK → 141.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAGGIO HOV AS.

Scorecard

Revenue
143.2k NOK 1.41m NOK
+886.7%
Operating result
n/m +106.0k NOK
—
Net result
n/m +80.7k NOK
—
Equity
60.8k NOK 141.5k NOK
+132.6%
Cash
38.4k NOK 75.0k NOK
+95.1%
Total assets
210.2k NOK 273.7k NOK
+30.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 143.2k NOK to 1.41m NOK (+886.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 60.8k NOK → 141.5k NOK (equity ratio 28.9% → 51.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 38.4k NOK → 75.0k NOK (+95.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 563.2k NOK → 611.9k NOK (393% → 43% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 149.8k NOK → 208.8k NOK (+39.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 7 333 NOK → 80.0k NOK. Reported fact