ADAPTIVE MEDIA AS: årsregnskap 2019 vs 2018
Grew 23% on revenue, stronger earnings
approved 2020-08-27; registry 2020-09-03; journal 2020 739132
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADAPTIVE MEDIA AS. Revenue 1.22m NOK → 1.51m NOK (+23.3%). Net result +93.8k NOK → +1.07m NOK. Equity -84.8k NOK → 3.98m 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 MEDIA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.22m NOK to 1.51m NOK (+23.3% YoY). Calculated
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Operating result improved
Operating result +143.7k NOK → +289.4k NOK (op. margin 11.7% → 19.2%). Calculated
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Net result improved
Net result +93.8k NOK → +1.07m NOK (net margin 7.7% → 70.7%). Calculated
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Equity strengthened
Book equity -84.8k NOK → 3.98m NOK (equity ratio -57.3% → 2222.5%). Calculated
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Cash rose
Bank deposits 502 NOK → 2 405 NOK (+379.1% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 170.6k NOK → -8 045 NOK (-104.7% YoY). Calculated