Org.nr 988 695 866 2019 → 2020 Year-over-year analysis

ADAMSRØD HOLDING AS: årsregnskap 2020 vs 2019

Shrank 14% on revenue, stronger earnings

approved 2021-03-12; registry 2021-03-22; journal 2021 159626

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADAMSRØD HOLDING AS. Revenue 743.2k NOK → 640.2k NOK (-13.9%). Net result +421.9k NOK → +815.9k NOK. Equity 3.08m NOK → 3.80m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAMSRØD HOLDING AS.

Scorecard

Revenue
743.2k NOK 640.2k NOK
-13.9%
Operating result
n/m -204.5k NOK
—
Net result
+421.9k NOK +815.9k NOK
+93.4%
Equity
3.08m NOK 3.80m NOK
+23.2%
Cash
142.7k NOK 633.3k NOK
+343.9%
Total assets
3.48m NOK 4.10m NOK
+17.9%

What improved

  • ↑

    Net result improved

    Net result +421.9k NOK → +815.9k NOK (net margin 56.8% → 127.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.08m NOK → 3.80m NOK (equity ratio 88.7% → 92.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 142.7k NOK → 633.3k NOK (+343.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 743.2k NOK to 640.2k NOK (-13.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 244.0k NOK → 174.0k NOK. Reported fact