FirmaIQ
Org.nr 934 332 075 2019 → 2020 Year-over-year analysis

ADAM OG EVA GRUPPEN AS: årsregnskap 2020 vs 2019

Grew 472% on revenue, weaker earnings

approved 2021-04-20; registry 2021-08-31; journal 2021 655629

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAM OG EVA GRUPPEN AS. Revenue 19.64m NOK → 112.29m NOK (+471.8%). Net result +9.19m NOK → +3.58m NOK. Equity 24.92m NOK → 21.36m NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADAM OG EVA GRUPPEN AS.

At a glance

Scorecard

Revenue
19.64m NOK 112.29m NOK
+471.8%
Operating result
+1.83m NOK +4.12m NOK
+125.2%
Net result
+9.19m NOK +3.58m NOK
-61.1%
Equity
24.92m NOK 21.36m NOK
-14.3%
Cash
1.27m NOK 1.90m NOK
+49.8%
Total assets
41.31m NOK 43.14m NOK
+4.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.64m NOK to 112.29m NOK (+471.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.83m NOK → +4.12m NOK (op. margin 9.3% → 3.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.27m NOK → 1.90m NOK (+49.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +9.19m NOK → +3.58m NOK (net margin 46.8% → 3.2%). Calculated

  • ↓

    Equity eroded

    Book equity 24.92m NOK → 21.36m NOK (equity ratio 60.3% → 49.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.63m NOK → 4.69m NOK (24% → 4% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 85.7k NOK → -30.8k NOK (-135.9% YoY). Calculated