FirmaIQ
Org.nr 920 954 278 2019 → 2020 Year-over-year analysis

ADAPTEO AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-06-29; registry 2021-11-03; journal 2021 894039

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAPTEO AS. Revenue 77.65m NOK → 74.23m NOK (-4.4%). Net result 0 NOK → 0 NOK. Equity 55.25m NOK → 51.12m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAPTEO AS.

At a glance

Scorecard

Revenue
77.65m NOK 74.23m NOK
-4.4%
Operating result
+3.14m NOK +2.89m NOK
-8.1%
Net result
0 NOK 0 NOK
0.0%
Equity
55.25m NOK 51.12m NOK
-7.5%
Total assets
222.11m NOK 274.48m NOK
+23.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 77.65m NOK to 74.23m NOK (-4.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.14m NOK → +2.89m NOK (op. margin 4.0% → 3.9%). Calculated

  • ↓

    Equity eroded

    Book equity 55.25m NOK → 51.12m NOK (equity ratio 24.9% → 18.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.25× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 45.16m NOK → 30.32m NOK (-32.9% YoY). Calculated