Org.nr 919 165 731 2019 → 2020 Year-over-year analysis

ADAM M HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-05-19; registry 2021-06-15; journal 2021 320001

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAM M HOLDING AS. Net result -16.6k NOK → +33.8k NOK. Equity 1.98m NOK → 2.02m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAM M HOLDING AS.

At a glance

Revenue

n/m 296.2k NOK

—

Operating result

-16.6k NOK +144.8k NOK

+969.7%

Net result

-16.6k NOK +33.8k NOK

+302.9%

Equity

1.98m NOK 2.02m NOK

+1.7%

Cash

668 NOK 24.5k NOK

+3571.1%

Total assets

1.98m NOK 4.46m NOK

+124.8%

↑
Operating result improved

Operating result -16.6k NOK → +144.8k NOK. Calculated
↑
Turned profitable

Net result flipped from a loss of 16.6k NOK to a profit of 33.8k NOK. Calculated
↑
Equity strengthened

Book equity 1.98m NOK → 2.02m NOK (equity ratio 100.0% → 45.3%). Calculated
↑
Cash rose

Bank deposits 668 NOK → 24.5k NOK (+3571.1% YoY). Calculated

·
Book investments changed

Investment / intangible book value 1.98m NOK → 1.20m NOK. Reported fact