Org.nr 987 400 641 2018 → 2019 Year-over-year analysis

ADAPTI INSTALLASJON AS: årsregnskap 2019 vs 2018

Grew 123% on revenue

approved 2020-08-31; registry 2020-09-19; journal 2020 836150

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADAPTI INSTALLASJON AS. Revenue 2.34m NOK → 5.22m NOK (+122.6%). Equity 10.71m NOK → 10.1k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADAPTI INSTALLASJON AS.

At a glance

Revenue

2.34m NOK 5.22m NOK

+122.6%

Operating result

n/m +1.91m NOK

—

Net result

n/m +1.61m NOK

—

Equity

10.71m NOK 10.1k NOK

-99.9%

Cash

402.6k NOK 637.7k NOK

+58.4%

Total assets

1.15m NOK 3.84m NOK

+234.9%

↑
Revenue rose

Operating income / revenue moved from 2.34m NOK to 5.22m NOK (+122.6% YoY). Calculated
↑
Cash rose

Bank deposits 402.6k NOK → 637.7k NOK (+58.4% YoY). Calculated

↓
Equity eroded

Book equity 10.71m NOK → 10.1k NOK (equity ratio 933.5% → 0.3%). Calculated

·
Thin equity buffer

Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 359.2k NOK → 1.81m NOK (+402.7% YoY). Calculated