FirmaIQ
Org.nr 968 272 551 2019 → 2020 Year-over-year analysis

ADDA BYGGKJEMI AS: årsregnskap 2020 vs 2019

Grew 55% on revenue, stronger earnings

approved 2021-03-31; registry 2021-07-06; journal 2021 452435

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADDA BYGGKJEMI AS. Revenue 48.65m NOK → 75.42m NOK (+55.0%). Net result -3.56m NOK → -1.21m NOK. Equity 8.25m NOK → 8.52m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADDA BYGGKJEMI AS.

At a glance

Scorecard

Revenue
48.65m NOK 75.42m NOK
+55.0%
Operating result
-4.52m NOK -1.54m NOK
+65.9%
Net result
-3.56m NOK -1.21m NOK
+66.1%
Equity
8.25m NOK 8.52m NOK
+3.3%
Cash
267.6k NOK 377.9k NOK
+41.2%
Total assets
18.93m NOK 19.13m NOK
+1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 48.65m NOK to 75.42m NOK (+55.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -4.52m NOK → -1.54m NOK (op. margin -9.3% → -2.0%). Calculated

  • ↑

    Net result improved

    Net result -3.56m NOK → -1.21m NOK (net margin -7.3% → -1.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.25m NOK → 8.52m NOK (equity ratio 43.6% → 44.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 267.6k NOK → 377.9k NOK (+41.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.96m NOK → 9.08m NOK (14% → 12% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 40.50m NOK → 62.01m NOK (+53.1% YoY). Calculated