FirmaIQ
Org.nr 991 347 275 2019 → 2020 Year-over-year analysis

ADAPTIVE AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-04-16; registry 2021-04-28; journal 2021 210382

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAPTIVE AS. Revenue 18.20m NOK → 18.37m NOK (+0.9%). Net result +4.48m NOK → +5.99m NOK. Equity 7.94m NOK → 9.45m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAPTIVE AS.

At a glance

Scorecard

Revenue
18.20m NOK 18.37m NOK
+0.9%
Operating result
+5.71m NOK +7.45m NOK
+30.5%
Net result
+4.48m NOK +5.99m NOK
+33.6%
Equity
7.94m NOK 9.45m NOK
+19.0%
Cash
8.51m NOK 9.57m NOK
+12.4%
Total assets
11.17m NOK 12.25m NOK
+9.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.20m NOK to 18.37m NOK (+0.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.71m NOK → +7.45m NOK (op. margin 31.4% → 40.5%). Calculated

  • ↑

    Net result improved

    Net result +4.48m NOK → +5.99m NOK (net margin 24.6% → 32.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.94m NOK → 9.45m NOK (equity ratio 71.0% → 77.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 8.51m NOK → 9.57m NOK (+12.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.16m NOK → 3.52m NOK (-15.3% YoY). Calculated