FirmaIQ
Org.nr 987 400 641 2019 → 2020 Year-over-year analysis

ADAPTI INSTALLASJON AS: årsregnskap 2020 vs 2019

Shrank 72% on revenue, slipped into loss, cash halved-plus

approved 2021-08-15; registry 2021-09-09; journal 2021 688312

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAPTI INSTALLASJON AS. Revenue 5.22m NOK → 1.46m NOK (-71.9%). Net result +1.61m NOK → -890.8k NOK. Equity 10.1k NOK → 12 NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAPTI INSTALLASJON AS.

At a glance

Scorecard

Revenue
5.22m NOK 1.46m NOK
-71.9%
Operating result
+1.91m NOK -1.13m NOK
-159.3%
Net result
+1.61m NOK -890.8k NOK
-155.2%
Equity
10.1k NOK 12 NOK
-99.9%
Cash
637.7k NOK 86.9k NOK
-86.4%
Total assets
3.84m NOK 1.02m NOK
-73.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.22m NOK to 1.46m NOK (-71.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.91m NOK → -1.13m NOK (op. margin 36.7% → -77.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.61m NOK profit to a loss of 890.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 10.1k NOK → 12 NOK (equity ratio 0.3% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 637.7k NOK → 86.9k NOK (-86.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.81m NOK → 874.6k NOK (-51.6% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 1.5. Reported fact