FirmaIQ
Org.nr 995 221 608 2019 → 2020 Year-over-year analysis

ADATO AS: årsregnskap 2020 vs 2019

Grew 13% on revenue, stronger earnings, cash halved-plus

approved 2021-02-19; registry 2021-02-27; journal 2021 127903

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADATO AS. Revenue 3.64m NOK → 4.12m NOK (+13.2%). Net result +449.1k NOK → +1333.84bn NOK. Equity 110.3k NOK → 10.11m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
3.64m NOK 4.12m NOK
+13.2%
Operating result
+577.9k NOK +956.5k NOK
+65.5%
Net result
+449.1k NOK +1333.84bn NOK
+296979161.5%
Equity
110.3k NOK 10.11m NOK
+9066.9%
Cash
851.7k NOK 253.3k NOK
-70.3%
Total assets
1.35m NOK 1.72m NOK
+27.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.64m NOK to 4.12m NOK (+13.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +577.9k NOK → +956.5k NOK (op. margin 15.9% → 23.2%). Calculated

  • ↑

    Net result improved

    Net result +449.1k NOK → +1333.84bn NOK (net margin 12.3% → 32348623.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 110.3k NOK → 10.11m NOK (equity ratio 8.2% → 586.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 851.7k NOK → 253.3k NOK (-70.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 426.7k NOK → 161.3k NOK (-62.2% YoY). Calculated