ADAM BYGG AS: årsregnskap 2020 vs 2019
Grew 70348% on revenue, weaker earnings
approved 2021-09-21; registry 2021-10-18; journal 2021 831172
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADAM BYGG AS. Revenue 6 898 NOK → 4.86m NOK (+70347.6%). Net result +677.8k NOK → +42.4k NOK. Equity 8.71m NOK → 11.75m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAM BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6 898 NOK to 4.86m NOK (+70347.6% YoY). Calculated
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↑
Equity strengthened
Book equity 8.71m NOK → 11.75m NOK (equity ratio 1092.5% → 45343.1%). Calculated
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↑
Cash rose
Bank deposits 102.3k NOK → 189.9k NOK (+85.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +870.8k NOK → +114.4k NOK (op. margin 12623.9% → 2.4%). Calculated
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↓
Net result weakened
Net result +677.8k NOK → +42.4k NOK (net margin 9826.2% → 0.9%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 4 978 NOK → 3.19m NOK (+63946.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 87.6k NOK → 12.1k NOK. Reported fact