ADAMS BYGGESERVICE AS: årsregnskap 2020 vs 2019
Grew 37% on revenue, stronger earnings
approved 2021-04-26; registry 2021-05-03; journal 2021 247710
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADAMS BYGGESERVICE AS. Revenue 245.0k NOK → 336.7k NOK (+37.4%). Net result -228.0k NOK → -27.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAMS BYGGESERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 245.0k NOK to 336.7k NOK (+37.4% YoY). Calculated
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Operating result improved
Operating result -225.9k NOK → -25.2k NOK (op. margin -92.2% → -7.5%). Calculated
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Net result improved
Net result -228.0k NOK → -27.0k NOK (net margin -93.1% → -8.0%). Calculated
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Cash rose
Bank deposits 47.7k NOK → 240.5k NOK (+404.6% YoY). Calculated
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Payroll decreased
Salary cost 3.23m NOK → 2 NOK (1317% → 0% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 163.7k NOK → 144.2k NOK (-11.9% YoY). Calculated