ADAKS BYGG AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-05-31; registry 2020-06-23; journal 2020 475899
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADAKS BYGG AS. Revenue 78.4k NOK → 81.6k NOK (+4.1%). Net result +9 114 NOK → +23.7k NOK. Equity 20.4k NOK → 44.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 78.4k NOK to 81.6k NOK (+4.1% YoY). Calculated
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↑
Operating result improved
Operating result +28.0k NOK → +59.4k NOK (op. margin 35.7% → 72.8%). Calculated
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↑
Net result improved
Net result +9 114 NOK → +23.7k NOK (net margin 11.6% → 29.1%). Calculated
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↑
Equity strengthened
Book equity 20.4k NOK → 44.2k NOK (equity ratio 2.4% → 5.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 33.5k NOK → 7 264 NOK (-78.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.64× → 0.58× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated