ADAMEK BYGG AS: årsregnskap 2019 vs 2018
Grew 164447% on revenue, weaker earnings
approved 2020-06-22; registry 2020-07-06; journal 2020 544501
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADAMEK BYGG AS. Revenue 2 200 NOK → 3.62m NOK (+164447.3%). Net result +110.9k NOK → +43.6k NOK. Equity 4.14m NOK → 184.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAMEK BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 200 NOK to 3.62m NOK (+164447.3% YoY). Calculated
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↑
Cash rose
Bank deposits 125.1k NOK → 680.9k NOK (+444.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +141.6k NOK → +95.8k NOK (op. margin 6434.5% → 2.6%). Calculated
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↓
Net result weakened
Net result +110.9k NOK → +43.6k NOK (net margin 5039.0% → 1.2%). Calculated
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↓
Equity eroded
Book equity 4.14m NOK → 184.4k NOK (equity ratio 346.7% → 12.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.23× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 577 NOK → 2.67m NOK (72% → 74% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 177.8k NOK → 261.6k NOK (+47.1% YoY). Calculated