FirmaIQ
Org.nr 981 043 111 2018 → 2019 Year-over-year analysis

ADCO AS: årsregnskap 2019 vs 2018

Grew 165% on revenue, stronger earnings

approved 2020-08-28; registry 2020-09-10; journal 2020 783842

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADCO AS. Revenue 41.3k NOK → 109.3k NOK (+164.9%). Net result +22.7k NOK → +82.2k NOK. Equity 1.12m NOK → 1.20m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADCO AS.

At a glance

Scorecard

Revenue
41.3k NOK 109.3k NOK
+164.9%
Operating result
+27.1k NOK +97.0k NOK
+258.3%
Net result
+22.7k NOK +82.2k NOK
+261.9%
Equity
1.12m NOK 1.20m NOK
+7.4%
Cash
20.1k NOK 127.8k NOK
+535.8%
Total assets
1.57m NOK 1.64m NOK
+4.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.3k NOK to 109.3k NOK (+164.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +27.1k NOK → +97.0k NOK (op. margin 65.6% → 88.7%). Calculated

  • ↑

    Net result improved

    Net result +22.7k NOK → +82.2k NOK (net margin 55.0% → 75.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.12m NOK → 1.20m NOK (equity ratio 71.0% → 73.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 20.1k NOK → 127.8k NOK (+535.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.12m NOK → 1.51m NOK. Reported fact