ADAM OG EVA JESSHEIM AS: årsregnskap 2020 vs 2019
Grew 9% on revenue, stronger earnings
approved 2021-05-24; registry 2021-06-22; journal 2021 382518
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADAM OG EVA JESSHEIM AS. Revenue 4.70m NOK → 5.12m NOK (+8.8%). Net result +355.6k NOK → +444.8k NOK. Equity 12.63m NOK → 12.72m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAM OG EVA JESSHEIM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.70m NOK to 5.12m NOK (+8.8% YoY). Calculated
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Operating result improved
Operating result +444.2k NOK → +567.1k NOK (op. margin 9.4% → 11.1%). Calculated
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Net result improved
Net result +355.6k NOK → +444.8k NOK (net margin 7.6% → 8.7%). Calculated
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Equity strengthened
Book equity 12.63m NOK → 12.72m NOK (equity ratio 784.0% → 624.7%). Calculated
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Cash rose
Bank deposits 1.23m NOK → 1.69m NOK (+36.9% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.40m NOK → 2.61m NOK (51% → 51% of revenue). Calculated
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COGS moved
COGS / varekostnad 608.5k NOK → 713.8k NOK (+17.3% YoY). Calculated