FirmaIQ
Org.nr 921 332 165 2019 → 2020 Year-over-year analysis

ADAM OG EVA HOMANSBYEN AS: årsregnskap 2020 vs 2019

Grew 6712% on revenue, stronger earnings, cash halved-plus

approved 2021-05-04; registry 2021-06-22; journal 2021 382658

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAM OG EVA HOMANSBYEN AS. Revenue 54.8k NOK → 3.73m NOK (+6712.3%). Net result +259.1k NOK → +429.1k NOK. Equity 12.44m NOK → 12.87m NOK.

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

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

At a glance

Scorecard

Revenue
54.8k NOK 3.73m NOK
+6712.3%
Operating result
+312.4k NOK +550.2k NOK
+76.1%
Net result
+259.1k NOK +429.1k NOK
+65.6%
Equity
12.44m NOK 12.87m NOK
+3.4%
Cash
965.4k NOK 105.4k NOK
-89.1%
Total assets
1.69m NOK 1.67m NOK
-1.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 54.8k NOK to 3.73m NOK (+6712.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +312.4k NOK → +550.2k NOK (op. margin 569.7% → 14.7%). Calculated

  • ↑

    Net result improved

    Net result +259.1k NOK → +429.1k NOK (net margin 472.6% → 11.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.44m NOK → 12.87m NOK (equity ratio 735.7% → 770.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.38× → 1.65×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 965.4k NOK → 105.4k NOK (-89.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.45m NOK → 1.72m NOK (2654% → 46% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 288.3k NOK → 335.7k NOK (+16.4% YoY). Calculated