Org.nr 914 217 830 2019 → 2020 Year-over-year analysis

ADAMIETZ NORGE AS: årsregnskap 2020 vs 2019

Shrank 119% on revenue, stronger earnings

approved 2021-05-07; registry 2021-09-06; journal 2021 729548

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADAMIETZ NORGE AS. Revenue 175.3k NOK → -34.0k NOK (-119.4%). Net result -49.0k NOK → -22.1k NOK. Equity 568.3k NOK → 546.2k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
175.3k NOK -34.0k NOK
-119.4%
Operating result
-49.3k NOK -22.2k NOK
+55.1%
Net result
-49.0k NOK -22.1k NOK
+55.0%
Equity
568.3k NOK 546.2k NOK
-3.9%
Cash
447.3k NOK 429.7k NOK
-3.9%
Total assets
568.3k NOK 551.0k NOK
-3.0%

What improved

  • ↑

    Operating result improved

    Operating result -49.3k NOK → -22.2k NOK (op. margin -28.1% → 65.1%). Calculated

  • ↑

    Net result improved

    Net result -49.0k NOK → -22.1k NOK (net margin -27.9% → 64.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 175.3k NOK to -34.0k NOK (-119.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 568.3k NOK → 546.2k NOK (equity ratio 100.0% → 99.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 447.3k NOK → 429.7k NOK (-3.9% YoY). Calculated