ADAMS BUTIKK AS: årsregnskap 2020 vs 2019
Grew 159654% on revenue, stronger earnings
approved 2021-05-14; registry 2021-07-13; journal 2021 480155
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADAMS BUTIKK AS. Revenue 20.6k NOK → 32.90m NOK (+159654.2%). Net result +371.6k NOK → +925.1k NOK. Equity 6.72m NOK → 1.24m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAMS BUTIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.6k NOK to 32.90m NOK (+159654.2% YoY). Calculated
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Net result improved
Net result +371.6k NOK → +925.1k NOK (net margin 1804.3% → 2.8%). Calculated
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Cash rose
Bank deposits 1 106 NOK → 1.33m NOK (+120509.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +544.9k NOK → +233.8k NOK (op. margin 2645.5% → 0.7%). Calculated
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↓
Equity eroded
Book equity 6.72m NOK → 1.24m NOK (equity ratio 183.0% → 26.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 924 NOK → 2.82m NOK (9% → 9% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 15.6k NOK → 24.78m NOK (+159246.9% YoY). Calculated