ADAMSRØD TRANSPORT OG VEDLIKEHOLD AS: årsregnskap 2020 vs 2019
Grew 44% on revenue, weaker earnings
approved 2021-05-06; registry 2021-08-05; journal 2021 582134
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADAMSRØD TRANSPORT OG VEDLIKEHOLD AS. Revenue 4.72m NOK → 6.81m NOK (+44.0%). Net result +416.6k NOK → +283.1k NOK. Equity 699.3k NOK → 11.98m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAMSRØD TRANSPORT OG VEDLIKEHOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.72m NOK to 6.81m NOK (+44.0% YoY). Calculated
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↑
Equity strengthened
Book equity 699.3k NOK → 11.98m NOK (equity ratio 48.1% → 547.8%). Calculated
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↑
Cash rose
Bank deposits 1.22m NOK → 1.91m NOK (+56.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +536.8k NOK → +367.6k NOK (op. margin 11.4% → 5.4%). Calculated
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↓
Net result weakened
Net result +416.6k NOK → +283.1k NOK (net margin 8.8% → 4.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 NOK → 3.13m NOK (0% → 46% of revenue). Calculated
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COGS fell
COGS / varekostnad 121.2k NOK → 60.0k NOK (-50.5% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3 → 0. Reported fact