Org.nr 989 370 502 2018 → 2019 Year-over-year analysis

ADAMSRØD FERDIGPLEN AS: årsregnskap 2019 vs 2018

Grew 46% on revenue, cash halved-plus

approved 2020-02-17; registry 2020-03-25; journal 2020 255696

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADAMSRØD FERDIGPLEN AS. Revenue 4.58m NOK → 6.70m NOK (+46.1%). Equity 1.23m NOK → 2.19m NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADAMSRØD FERDIGPLEN AS.

At a glance

Revenue

4.58m NOK 6.70m NOK

+46.1%

Operating result

-646.1k NOK +567.3k NOK

+187.8%

Equity

1.23m NOK 2.19m NOK

+78.2%

Cash

880.3k NOK 14.0k NOK

-98.4%

Total assets

1.43m NOK 2.76m NOK

+93.1%

↑
Revenue rose

Operating income / revenue moved from 4.58m NOK to 6.70m NOK (+46.1% YoY). Calculated
↑
Operating result improved

Operating result -646.1k NOK → +567.3k NOK (op. margin -14.1% → 8.5%). Calculated
↑
Equity strengthened

Book equity 1.23m NOK → 2.19m NOK (equity ratio 86.1% → 79.5%). Calculated

·
Payroll increased

Salary cost 1.66m NOK → 2.02m NOK (36% → 30% of revenue). Calculated
·
COGS fell

COGS / varekostnad 859.6k NOK → 747.3k NOK (-13.1% YoY). Calculated