FirmaIQ
Org.nr 920 236 057 2019 → 2020 Year-over-year analysis

ADAM STIBLAR AS: årsregnskap 2020 vs 2019

Grew 239% on revenue

approved 2021-03-22; registry 2021-04-15; journal 2021 190838

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAM STIBLAR AS. Revenue 30.95m NOK → 104.98m NOK (+239.2%). Net result +277.6k NOK → +266.6k NOK. Equity 633.2k NOK → 154.7k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADAM STIBLAR AS.

At a glance

Scorecard

Revenue
30.95m NOK 104.98m NOK
+239.2%
Operating result
+338.4k NOK +907.7k NOK
+168.2%
Net result
+277.6k NOK +266.6k NOK
-4.0%
Equity
633.2k NOK 154.7k NOK
-75.6%
Cash
1.46m NOK 6.36m NOK
+336.9%
Total assets
4.22m NOK 14.36m NOK
+240.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 30.95m NOK to 104.98m NOK (+239.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +338.4k NOK → +907.7k NOK (op. margin 1.1% → 0.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.46m NOK → 6.36m NOK (+336.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 633.2k NOK → 154.7k NOK (equity ratio 15.0% → 1.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 26.07m NOK → 87.06m NOK (+234.0% YoY). Calculated