ADDA BYGGKJEMI AS: årsregnskap 2019 vs 2018
Grew 38% on revenue, stronger earnings
approved 2020-03-24; registry 2020-05-09; journal 2020 341045
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADDA BYGGKJEMI AS. Revenue 35.26m NOK → 48.65m NOK (+38.0%). Net result -4.88m NOK → -3.56m NOK. Equity 7.91m NOK → 8.25m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADDA BYGGKJEMI AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 35.26m NOK to 48.65m NOK (+38.0% YoY). Calculated
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Net result improved
Net result -4.88m NOK → -3.56m NOK (net margin -13.8% → -7.3%). Calculated
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Equity strengthened
Book equity 7.91m NOK → 8.25m NOK (equity ratio 45.9% → 43.6%). Calculated
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Cash rose
Bank deposits 241.5k NOK → 267.6k NOK (+10.8% YoY). Calculated
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Owners injected capital
Paid-in equity rose 7.91m NOK → 8.25m NOK (+338.8k NOK). Reported fact
Things to notice
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Payroll increased
Salary cost 6.93m NOK → 6.96m NOK (20% → 14% of revenue). Calculated
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COGS moved
COGS / varekostnad 28.77m NOK → 40.50m NOK (+40.8% YoY). Calculated