FirmaIQ
Org.nr 917 131 198 2018 → 2019 Year-over-year analysis

ADAPTIVA AS: årsregnskap 2019 vs 2018

Shrank 6% on revenue, stronger earnings

approved 2020-03-18; registry 2020-04-20; journal 2020 298800

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADAPTIVA AS. Revenue 7.23m NOK → 6.80m NOK (-6.0%). Net result +307.4k NOK → +494.2k NOK. Equity 12.67m NOK → 13.94m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
7.23m NOK 6.80m NOK
-6.0%
Operating result
+403.1k NOK +619.8k NOK
+53.7%
Net result
+307.4k NOK +494.2k NOK
+60.8%
Equity
12.67m NOK 13.94m NOK
+10.1%
Cash
330.0k NOK 945.0k NOK
+186.4%
Total assets
1.95m NOK 2.49m NOK
+27.2%

What improved

  • ↑

    Operating result improved

    Operating result +403.1k NOK → +619.8k NOK (op. margin 5.6% → 9.1%). Calculated

  • ↑

    Net result improved

    Net result +307.4k NOK → +494.2k NOK (net margin 4.3% → 7.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.67m NOK → 13.94m NOK (equity ratio 648.3% → 560.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 330.0k NOK → 945.0k NOK (+186.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.26× → 1.29×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.23m NOK to 6.80m NOK (-6.0% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 490.4k NOK → 1.17m NOK (+138.2% YoY). Calculated