Org.nr 919 116 757 2019 → 2020 Year-over-year analysis

ADCOM SKY AS: årsregnskap 2020 vs 2019

Grew 469% on revenue, weaker earnings

approved 2021-06-30; registry 2021-07-05; journal 2021 517824

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADCOM SKY AS. Revenue 251.1k NOK → 1.43m NOK (+469.3%). Net result +45.3k NOK → +24.2k NOK. Equity 234.6k NOK → 258.8k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADCOM SKY AS.

Scorecard

Revenue
251.1k NOK 1.43m NOK
+469.3%
Operating result
+58 NOK +31.0k NOK
+53336.2%
Net result
+45.3k NOK +24.2k NOK
-46.6%
Equity
234.6k NOK 258.8k NOK
+10.3%
Cash
180.5k NOK 209.9k NOK
+16.3%
Total assets
512.7k NOK 454.0k NOK
-11.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 251.1k NOK to 1.43m NOK (+469.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +58 NOK → +31.0k NOK (op. margin 0.0% → 2.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 234.6k NOK → 258.8k NOK (equity ratio 45.8% → 57.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 180.5k NOK → 209.9k NOK (+16.3% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +45.3k NOK → +24.2k NOK (net margin 18.0% → 1.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 322.7k NOK → 388.0k NOK (+20.2% YoY). Calculated