FirmaIQ
Org.nr 929 320 611 2019 → 2020 Year-over-year analysis

ADAPTOR AS: årsregnskap 2020 vs 2019

Grew 13% on revenue, stronger earnings

approved 2021-03-31; registry 2021-06-12; journal 2021 302298

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAPTOR AS. Revenue 20.22m NOK → 22.78m NOK (+12.7%). Net result +503.3k NOK → +610.4k NOK. Equity 4.47m NOK → 6.08m NOK.

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

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

At a glance

Scorecard

Revenue
20.22m NOK 22.78m NOK
+12.7%
Operating result
+485.0k NOK +589.7k NOK
+21.6%
Net result
+503.3k NOK +610.4k NOK
+21.3%
Equity
4.47m NOK 6.08m NOK
+36.0%
Cash
4.70m NOK 5.14m NOK
+9.3%
Total assets
8.58m NOK 10.82m NOK
+26.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.22m NOK to 22.78m NOK (+12.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +485.0k NOK → +589.7k NOK (op. margin 2.4% → 2.6%). Calculated

  • ↑

    Net result improved

    Net result +503.3k NOK → +610.4k NOK (net margin 2.5% → 2.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.47m NOK → 6.08m NOK (equity ratio 52.1% → 56.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.70m NOK → 5.14m NOK (+9.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 140.2k NOK → 418.8k NOK (+198.7% YoY). Calculated