FirmaIQ
Org.nr 921 656 254 2019 → 2020 Year-over-year analysis

ADAPA CARE AS: årsregnskap 2020 vs 2019

Grew 130417% on revenue, stronger earnings

approved 2021-04-21; registry 2021-05-15; journal 2021 290312

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAPA CARE AS. Revenue 2 392 NOK → 3.12m NOK (+130417.1%). Net result +1.29m NOK → +2.04m NOK. Equity 810.8k NOK → 2.05m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADAPA CARE AS.

At a glance

Scorecard

Revenue
2 392 NOK 3.12m NOK
+130417.1%
Operating result
+1.64m NOK +2.45m NOK
+50.1%
Net result
+1.29m NOK +2.04m NOK
+58.6%
Equity
810.8k NOK 2.05m NOK
+153.3%
Cash
1.76m NOK 2.93m NOK
+66.2%
Total assets
1.76m NOK 3.54m NOK
+100.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 392 NOK to 3.12m NOK (+130417.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.64m NOK → +2.45m NOK (op. margin 68361.2% → 78.6%). Calculated

  • ↑

    Net result improved

    Net result +1.29m NOK → +2.04m NOK (net margin 53847.5% → 65.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 810.8k NOK → 2.05m NOK (equity ratio 46.0% → 58.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.76m NOK → 2.93m NOK (+66.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 613 NOK → 562.6k NOK (151% → 18% of revenue). Calculated