FirmaIQ
Org.nr 915 512 984 2018 → 2019 Year-over-year analysis

ADAPTIVE FROG AS: årsregnskap 2019 vs 2018

Grew 234% on revenue, stronger earnings

approved 2020-07-29; registry 2020-08-01; journal 2020 645677

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADAPTIVE FROG AS. Revenue 150.0k NOK → 501.7k NOK (+234.5%). Net result +105.5k NOK → +142.1k NOK. Equity 11.17m NOK → 12.31m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
150.0k NOK 501.7k NOK
+234.5%
Operating result
+100.5k NOK +182.0k NOK
+81.1%
Net result
+105.5k NOK +142.1k NOK
+34.6%
Equity
11.17m NOK 12.31m NOK
+10.2%
Cash
220.4k NOK 479.9k NOK
+117.7%
Total assets
260.4k NOK 587.9k NOK
+125.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 150.0k NOK to 501.7k NOK (+234.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +100.5k NOK → +182.0k NOK (op. margin 67.0% → 36.3%). Calculated

  • ↑

    Net result improved

    Net result +105.5k NOK → +142.1k NOK (net margin 70.4% → 28.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.17m NOK → 12.31m NOK (equity ratio 4289.5% → 2094.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 220.4k NOK → 479.9k NOK (+117.7% YoY). Calculated