FirmaIQ
Org.nr 979 497 997 2019 → 2020 Year-over-year analysis

ADD ARKITEKTER AS: årsregnskap 2020 vs 2019

Shrank 12% on revenue, stronger earnings

approved 2021-06-16; registry 2021-07-15; journal 2021 492680

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADD ARKITEKTER AS. Revenue 59.92m NOK → 52.48m NOK (-12.4%). Net result +64.0k NOK → +2.39m NOK. Equity 5.10m NOK → 6.30m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
59.92m NOK 52.48m NOK
-12.4%
Operating result
-2 934 NOK +3.03m NOK
+103238.6%
Net result
+64.0k NOK +2.39m NOK
+3641.3%
Equity
5.10m NOK 6.30m NOK
+23.5%
Cash
6.83m NOK 11.90m NOK
+74.2%
Total assets
18.35m NOK 19.61m NOK
+6.8%

What improved

  • ↑

    Operating result improved

    Operating result -2 934 NOK → +3.03m NOK (op. margin -0.0% → 5.8%). Calculated

  • ↑

    Net result improved

    Net result +64.0k NOK → +2.39m NOK (net margin 0.1% → 4.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.10m NOK → 6.30m NOK (equity ratio 27.8% → 32.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.83m NOK → 11.90m NOK (+74.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 43.17m NOK → 38.47m NOK (72% → 73% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 59.92m NOK to 52.48m NOK (-12.4% YoY). Calculated