ADCOMMITTO AS: årsregnskap 2019 vs 2018
Shrank 54% on revenue, weaker earnings
approved 2020-03-28; registry 2020-05-06; journal 2020 331188
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADCOMMITTO AS. Revenue 130.4k NOK → 59.8k NOK (-54.1%). Net result +27.6k NOK → +1 454 NOK. Equity 193.60m NOK → 195.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 25.6k NOK → 19.8k NOK (20% → 33% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 130.4k NOK to 59.8k NOK (-54.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +40.7k NOK → +1 798 NOK (op. margin 31.2% → 3.0%). Calculated
-
↓
Net result weakened
Net result +27.6k NOK → +1 454 NOK (net margin 21.2% → 2.4%). Calculated
-
↓
Equity eroded
Book equity 193.60m NOK → 195.1k NOK (equity ratio 84416.4% → 90.5%). Calculated
-
↓
Cash fell
Bank deposits 135.9k NOK → 131.8k NOK (-3.0% YoY). Calculated