FirmaIQ
Org.nr 965 800 689 2019 → 2020 Year-over-year analysis

ADAM & EVA FRISØR AS: årsregnskap 2020 vs 2019

Shrank 6% on revenue, stronger earnings

approved 2021-03-03; registry 2021-03-18; journal 2021 154539

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAM & EVA FRISØR AS. Revenue 4.67m NOK → 4.37m NOK (-6.3%). Net result +144.4k NOK → +462.0k NOK. Equity 254.2k NOK → 256.2k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAM & EVA FRISØR AS.

At a glance

Scorecard

Revenue
4.67m NOK 4.37m NOK
-6.3%
Operating result
+187.8k NOK +595.0k NOK
+216.9%
Net result
+144.4k NOK +462.0k NOK
+220.0%
Equity
254.2k NOK 256.2k NOK
+0.8%
Cash
1.43m NOK 1.33m NOK
-6.5%
Total assets
1.66m NOK 1.65m NOK
-0.9%

What improved

  • ↑

    Operating result improved

    Operating result +187.8k NOK → +595.0k NOK (op. margin 4.0% → 13.6%). Calculated

  • ↑

    Net result improved

    Net result +144.4k NOK → +462.0k NOK (net margin 3.1% → 10.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 254.2k NOK → 256.2k NOK (equity ratio 15.3% → 15.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.46m NOK → 2.81m NOK (74% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.67m NOK to 4.37m NOK (-6.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.43m NOK → 1.33m NOK (-6.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 549.6k NOK → 507.9k NOK (-7.6% YoY). Calculated