FirmaIQ
Org.nr 995 454 432 2019 → 2020 Year-over-year analysis

ADAPTIV ARKITEKTUR AS: årsregnskap 2020 vs 2019

Shrank 43% on revenue, weaker earnings

approved 2021-05-06; registry 2021-08-21; journal 2021 656423

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAPTIV ARKITEKTUR AS. Revenue 2.50m NOK → 1.42m NOK (-43.2%). Net result -105.1k NOK → -511.3k NOK. Equity -154.4k NOK → -665.7k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAPTIV ARKITEKTUR AS.

At a glance

Scorecard

Revenue
2.50m NOK 1.42m NOK
-43.2%
Operating result
-85.3k NOK -490.1k NOK
-474.6%
Net result
-105.1k NOK -511.3k NOK
-386.6%
Equity
-154.4k NOK -665.7k NOK
-331.1%
Cash
44.2k NOK 51.8k NOK
+17.2%
Total assets
538.4k NOK 181.6k NOK
-66.3%

What improved

  • ↑

    Cash rose

    Bank deposits 44.2k NOK → 51.8k NOK (+17.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.14m NOK → 1.46m NOK (85% → 103% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.50m NOK to 1.42m NOK (-43.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -85.3k NOK → -490.1k NOK (op. margin -3.4% → -34.5%). Calculated

  • ↓

    Net result weakened

    Net result -105.1k NOK → -511.3k NOK (net margin -4.2% → -36.0%). Calculated

  • ↓

    Equity eroded

    Book equity -154.4k NOK → -665.7k NOK (equity ratio -28.7% → -366.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -366.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation