Org.nr 883 814 622 2019 → 2020 Year-over-year analysis

ADAPA AS: årsregnskap 2020 vs 2019

Grew 124% on revenue, stronger earnings

approved 2022-04-29; registry 2022-05-05; journal 2022 258892

Full company analysis · All year comparisons

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.

Scorecard

Revenue
847.1k NOK 1.90m NOK
+124.4%
Operating result
+512.4k NOK +127.0k NOK
-75.2%
Net result
+176.2k NOK +822.2k NOK
+366.6%
Equity
9.97m NOK 9.49m NOK
-4.8%
Cash
772.6k NOK 390.6k NOK
-49.4%
Total assets
10.92m NOK 10.74m NOK
-1.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 847.1k NOK to 1.90m NOK (+124.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +176.2k NOK → +822.2k NOK (net margin 20.8% → 43.3%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +512.4k NOK → +127.0k NOK (op. margin 60.5% → 6.7%). Calculated

  • ↓

    Equity eroded

    Book equity 9.97m NOK → 9.49m NOK (equity ratio 91.3% → 88.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 772.6k NOK → 390.6k NOK (-49.4% YoY). Calculated