FirmaIQ
Org.nr 929 320 611 2018 → 2019 Year-over-year analysis

ADAPTOR AS: årsregnskap 2019 vs 2018

Shrank 10% on revenue, returned to profit

approved 2020-04-07; registry 2020-05-11; journal 2020 342232

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADAPTOR AS. Revenue 22.51m NOK → 20.22m NOK (-10.2%). Net result -800.6k NOK → +503.3k NOK. Equity 3.97m NOK → 4.47m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.

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

At a glance

Scorecard

Revenue
22.51m NOK 20.22m NOK
-10.2%
Operating result
n/m +485.0k NOK
—
Net result
-800.6k NOK +503.3k NOK
+162.9%
Equity
3.97m NOK 4.47m NOK
+12.7%
Cash
2.81m NOK 4.70m NOK
+67.3%
Total assets
7.98m NOK 8.58m NOK
+7.5%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 800.6k NOK to a profit of 503.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.97m NOK → 4.47m NOK (equity ratio 49.7% → 52.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.81m NOK → 4.70m NOK (+67.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.51m NOK to 20.22m NOK (-10.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.53m NOK → 140.2k NOK (-94.5% YoY). Calculated