ADAPA AS: årsregnskap 2020 vs 2019
Grew 124% on revenue, stronger earnings
approved 2022-04-29; registry 2022-05-05; journal 2022 258892
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADAPA AS. Revenue 847.1k NOK → 1.90m NOK (+124.4%). Net result +176.2k NOK → +822.2k NOK. Equity 9.97m NOK → 9.49m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 847.1k NOK to 1.90m NOK (+124.4% YoY). Calculated
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↑
Net result improved
Net result +176.2k NOK → +822.2k NOK (net margin 20.8% → 43.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +512.4k NOK → +127.0k NOK (op. margin 60.5% → 6.7%). Calculated
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↓
Equity eroded
Book equity 9.97m NOK → 9.49m NOK (equity ratio 91.3% → 88.4%). Calculated
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↓
Cash fell
Bank deposits 772.6k NOK → 390.6k NOK (-49.4% YoY). Calculated