FirmaIQ
Org.nr 979 671 474 2019 → 2020 Year-over-year analysis

ADAPT CONSULTING AS: årsregnskap 2020 vs 2019

Shrank 6% on revenue, weaker earnings

approved 2021-05-19; registry 2021-06-16; journal 2021 333367

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAPT CONSULTING AS. Revenue 2.04m NOK → 1.91m NOK (-6.3%). Net result +802.6k NOK → +564.7k NOK. Equity 10 NOK → 1.92m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.04m NOK 1.91m NOK
-6.3%
Operating result
+1.02m NOK +720.2k NOK
-29.2%
Net result
+802.6k NOK +564.7k NOK
-29.6%
Equity
10 NOK 1.92m NOK
+19184740.0%
Cash
1.24m NOK 2.55m NOK
+106.7%
Total assets
1.76m NOK 2.73m NOK
+54.6%

What improved

  • ↑

    Equity strengthened

    Book equity 10 NOK → 1.92m NOK (equity ratio 0.0% → 70.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.24m NOK → 2.55m NOK (+106.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.04m NOK to 1.91m NOK (-6.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.02m NOK → +720.2k NOK (op. margin 50.0% → 37.8%). Calculated

  • ↓

    Net result weakened

    Net result +802.6k NOK → +564.7k NOK (net margin 39.4% → 29.6%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 142.0k NOK → 430.6k NOK (+203.1% YoY). Calculated