Org.nr 974 446 685 2019 → 2020 Year-over-year analysis

ADB TJENESTER AS: årsregnskap 2020 vs 2019

Grew 123% on revenue, weaker earnings

approved 2021-06-30; registry 2021-09-27; journal 2021 820401

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADB TJENESTER AS. Revenue 18.2k NOK → 40.6k NOK (+123.0%). Net result -12.7k NOK → -38.1k NOK. Equity -125.7k NOK → -163.8k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
18.2k NOK 40.6k NOK
+123.0%
Operating result
-12.7k NOK -38.1k NOK
-198.9%
Net result
-12.7k NOK -38.1k NOK
-198.8%
Equity
-125.7k NOK -163.8k NOK
-30.3%
Cash
1 227 NOK 39.1k NOK
+3089.6%
Total assets
29.1k NOK 39.1k NOK
+34.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.2k NOK to 40.6k NOK (+123.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1 227 NOK → 39.1k NOK (+3089.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -12.7k NOK → -38.1k NOK (op. margin -69.9% → -93.7%). Calculated

  • ↓

    Net result weakened

    Net result -12.7k NOK → -38.1k NOK (net margin -69.9% → -93.7%). Calculated

  • ↓

    Equity eroded

    Book equity -125.7k NOK → -163.8k NOK (equity ratio -431.8% → -418.5%). Calculated