Org.nr 919 116 757 2018 → 2019 Year-over-year analysis

ADCOM SKY AS: årsregnskap 2019 vs 2018

Shrank 74% on revenue, stronger earnings

approved 2020-06-15; registry 2020-09-22; journal 2020 846396

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADCOM SKY AS. Revenue 965.0k NOK → 251.1k NOK (-74.0%). Net result +83 NOK → +45.3k NOK. Equity 279.9k NOK → 234.6k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
965.0k NOK 251.1k NOK
-74.0%
Operating result
+356 NOK +58 NOK
-83.7%
Net result
+83 NOK +45.3k NOK
+54455.4%
Equity
279.9k NOK 234.6k NOK
-16.2%
Cash
300.0k NOK 180.5k NOK
-39.8%
Total assets
415.5k NOK 512.7k NOK
+23.4%

What improved

  • ↑

    Net result improved

    Net result +83 NOK → +45.3k NOK (net margin 0.0% → 18.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 965.0k NOK to 251.1k NOK (-74.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +356 NOK → +58 NOK (op. margin 0.0% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 279.9k NOK → 234.6k NOK (equity ratio 67.4% → 45.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 300.0k NOK → 180.5k NOK (-39.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 116.8k NOK → 322.7k NOK (+176.4% YoY). Calculated