ADAPTABLE AS: årsregnskap 2019 vs 2018
Shrank 88% on revenue
approved 2020-07-07; registry 2020-07-28; journal 2020 615793
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADAPTABLE AS. Revenue 2.83m NOK → 350.0k NOK (-87.6%).
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAPTABLE AS.
At a glance
Scorecard
Revenue
2.83m NOK
350.0k NOK
-87.6%
Operating result
-180.9k NOK
+148.6k NOK
+182.1%
Net result
n/m
+116.4k NOK
—
What improved
-
↑
Operating result improved
Operating result -180.9k NOK → +148.6k NOK (op. margin -6.4% → 42.4%). Calculated
-
↑
Payroll decreased
Salary cost 2.43m NOK → 2 429 NOK (86% → 1% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.83m NOK to 350.0k NOK (-87.6% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 558.3k NOK → 11.13m NOK. Reported fact