FirmaIQ
Org.nr 920 262 139 2019 → 2020 Year-over-year analysis

ADAMEK BYGG AS: årsregnskap 2020 vs 2019

Shrank 14% on revenue, stronger earnings

approved 2021-03-10; registry 2021-03-15; journal 2021 147014

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAMEK BYGG AS. Revenue 3.62m NOK → 3.12m NOK (-13.9%). Net result +43.6k NOK → +86.5k NOK. Equity 184.4k NOK → 270.9k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.62m NOK 3.12m NOK
-13.9%
Operating result
+95.8k NOK +152.4k NOK
+59.0%
Net result
+43.6k NOK +86.5k NOK
+98.4%
Equity
184.4k NOK 270.9k NOK
+46.9%
Cash
680.9k NOK 758.3k NOK
+11.4%
Total assets
1.48m NOK 1.42m NOK
-4.1%

What improved

  • ↑

    Operating result improved

    Operating result +95.8k NOK → +152.4k NOK (op. margin 2.6% → 4.9%). Calculated

  • ↑

    Net result improved

    Net result +43.6k NOK → +86.5k NOK (net margin 1.2% → 2.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 184.4k NOK → 270.9k NOK (equity ratio 12.5% → 19.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 680.9k NOK → 758.3k NOK (+11.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.04× → 1.82×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.62m NOK to 3.12m NOK (-13.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 261.6k NOK → 305.0k NOK (+16.6% YoY). Calculated