ADAM OG EVA GLASMAGASINET AS: årsregnskap 2020 vs 2019
Grew 10% on revenue, returned to profit
approved 2021-05-04; registry 2021-06-22; journal 2021 382530
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADAM OG EVA GLASMAGASINET AS. Revenue 5.60m NOK → 6.16m NOK (+10.0%). Net result -292.5k NOK → +20.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAM OG EVA GLASMAGASINET AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.60m NOK to 6.16m NOK (+10.0% YoY). Calculated
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Operating result improved
Operating result -373.8k NOK → +29.4k NOK (op. margin -6.7% → 0.5%). Calculated
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Turned profitable
Net result flipped from a loss of 292.5k NOK to a profit of 20.7k NOK. Calculated
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Cash rose
Bank deposits 24.0k NOK → 1.68m NOK (+6899.0% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 2.60m NOK → 2.21m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 3.09m NOK → 3.17m NOK (55% → 51% of revenue). Calculated
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COGS moved
COGS / varekostnad 723.0k NOK → 750.2k NOK (+3.8% YoY). Calculated