FirmaIQ
Org.nr 916 667 043 2018 → 2019 Year-over-year analysis

ADAMS ISOLERING AS: årsregnskap 2019 vs 2018

Grew 56% on revenue, weaker earnings

approved 2020-11-23; registry 2020-12-03; journal 2020 973107

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADAMS ISOLERING AS. Revenue 7.43m NOK → 11.60m NOK (+56.2%). Net result +315.3k NOK → +229.2k NOK. Equity 12.35m NOK → 14.58m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAMS ISOLERING AS.

At a glance

Scorecard

Revenue
7.43m NOK 11.60m NOK
+56.2%
Operating result
+442.9k NOK +368.3k NOK
-16.9%
Net result
+315.3k NOK +229.2k NOK
-27.3%
Equity
12.35m NOK 14.58m NOK
+18.0%
Cash
426.7k NOK 791.6k NOK
+85.5%
Total assets
2.58m NOK 3.79m NOK
+47.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.43m NOK to 11.60m NOK (+56.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 12.35m NOK → 14.58m NOK (equity ratio 479.3% → 384.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 426.7k NOK → 791.6k NOK (+85.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +442.9k NOK → +368.3k NOK (op. margin 6.0% → 3.2%). Calculated

  • ↓

    Net result weakened

    Net result +315.3k NOK → +229.2k NOK (net margin 4.2% → 2.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.82m NOK → 3.43m NOK (+88.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 012 NOK → 847.4k NOK. Reported fact