Org.nr 995 179 377 2018 → 2019 Year-over-year analysis

ADAL MULTISERVICE AS: årsregnskap 2019 vs 2018

Shrank 15% on revenue, cash halved-plus

approved 2020-09-17; registry 2020-09-28; journal 2020 868135

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADAL MULTISERVICE AS. Revenue 2.40m NOK → 2.04m NOK (-15.0%). Net result +1.49m NOK → +1.29m NOK. Equity 448.2k NOK → 389.4k NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
2.40m NOK 2.04m NOK
-15.0%
Operating result
n/m +1.61m NOK
—
Net result
+1.49m NOK +1.29m NOK
-13.5%
Equity
448.2k NOK 389.4k NOK
-13.1%
Cash
1.61m NOK 674.1k NOK
-58.1%
Total assets
2.58m NOK 2.26m NOK
-12.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.40m NOK to 2.04m NOK (-15.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.49m NOK → +1.29m NOK (net margin 62.1% → 63.2%). Calculated

  • ↓

    Equity eroded

    Book equity 448.2k NOK → 389.4k NOK (equity ratio 17.4% → 17.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.61m NOK → 674.1k NOK (-58.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.25× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated