FirmaIQ
Org.nr 919 268 689 2019 → 2020 Year-over-year analysis

ADAM DIAGNOSTICS AS: årsregnskap 2020 vs 2019

Grew 101% on revenue, stronger earnings, cash halved-plus

approved 2021-08-20; registry 2021-08-25; journal 2021 679534

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAM DIAGNOSTICS AS. Revenue 109.6k NOK → 220.1k NOK (+100.8%). Net result 0 NOK → +50.0k NOK. Equity -15.8k NOK → 34.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
109.6k NOK 220.1k NOK
+100.8%
Operating result
-11.3k NOK +52.3k NOK
+563.8%
Net result
0 NOK +50.0k NOK
—
Equity
-15.8k NOK 34.2k NOK
+315.7%
Cash
140.5k NOK 549 NOK
-99.6%
Total assets
285.6k NOK 117.8k NOK
-58.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 109.6k NOK to 220.1k NOK (+100.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -11.3k NOK → +52.3k NOK (op. margin -10.3% → 23.8%). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +50.0k NOK (net margin 0.0% → 22.7%). Calculated

  • ↑

    Equity strengthened

    Book equity -15.8k NOK → 34.2k NOK (equity ratio -5.5% → 29.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 140.5k NOK → 549 NOK (-99.6% YoY). Calculated