ADAMIETZ NORGE AS: årsregnskap 2019 vs 2018
Grew 48204% on revenue, slipped into loss
approved 2020-08-13; registry 2020-09-05; journal 2020 746828
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADAMIETZ NORGE AS. Revenue 363 NOK → 175.3k NOK (+48203.6%). Net result +65.1k NOK → -49.0k NOK. Equity 617.3k NOK → 568.3k NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADAMIETZ NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 363 NOK to 175.3k NOK (+48203.6% YoY). Calculated
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↑
Operating result improved
Operating result -65.4k NOK → -49.3k NOK (op. margin -18008.8% → -28.1%). Calculated
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Payroll decreased
Salary cost 8 127 NOK → -17.7k NOK (2239% → -10% of revenue). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 65.1k NOK profit to a loss of 49.0k NOK. Calculated
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↓
Equity eroded
Book equity 617.3k NOK → 568.3k NOK (equity ratio 97.2% → 100.0%). Calculated
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↓
Cash fell
Bank deposits 517.2k NOK → 447.3k NOK (-13.5% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 101.8k NOK → 148.3k NOK (+45.7% YoY). Calculated