FirmaIQ
Org.nr 991 347 275 2018 → 2019 Year-over-year analysis

ADAPTIVE AS: årsregnskap 2019 vs 2018

Grew 22% on revenue, stronger earnings

approved 2020-02-26; registry 2020-03-02; journal 2020 222256

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADAPTIVE AS. Revenue 14.94m NOK → 18.20m NOK (+21.9%). Net result +3.20m NOK → +4.48m NOK. Equity 6.46m NOK → 7.94m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAPTIVE AS.

At a glance

Scorecard

Revenue
14.94m NOK 18.20m NOK
+21.9%
Operating result
+4.14m NOK +5.71m NOK
+37.9%
Net result
+3.20m NOK +4.48m NOK
+40.0%
Equity
6.46m NOK 7.94m NOK
+23.0%
Cash
5.78m NOK 8.51m NOK
+47.1%
Total assets
9.76m NOK 11.17m NOK
+14.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.94m NOK to 18.20m NOK (+21.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.14m NOK → +5.71m NOK (op. margin 27.7% → 31.4%). Calculated

  • ↑

    Net result improved

    Net result +3.20m NOK → +4.48m NOK (net margin 21.4% → 24.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.46m NOK → 7.94m NOK (equity ratio 66.1% → 71.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.78m NOK → 8.51m NOK (+47.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.53m NOK → 6.08m NOK (37% → 33% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.23m NOK → 4.16m NOK (+29.0% YoY). Calculated