ADB REGNSKAP AS: årsregnskap 2020 vs 2019
Grew 24% on revenue, stronger earnings, cash halved-plus
approved 2021-03-15; registry 2021-03-18; journal 2021 155385
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADB REGNSKAP AS. Revenue 5.72m NOK → 7.07m NOK (+23.6%). Net result +55.2k NOK → +242.8k NOK. Equity 1.47m NOK → 1.56m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADB REGNSKAP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.72m NOK to 7.07m NOK (+23.6% YoY). Calculated
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↑
Net result improved
Net result +55.2k NOK → +242.8k NOK (net margin 1.0% → 3.4%). Calculated
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↑
Equity strengthened
Book equity 1.47m NOK → 1.56m NOK (equity ratio 53.5% → 51.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 825.2k NOK → 216.0k NOK (-73.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.07m NOK → 4.68m NOK (71% → 66% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 660.5k NOK → 644.2k NOK (-2.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 500 NOK → 278.5k NOK. Reported fact