FirmaIQ
Org.nr 980 119 548 2018 → 2019 Year-over-year analysis

ADDEND AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-04-20; registry 2020-05-13; journal 2020 351450

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADDEND AS. Revenue 378.0k NOK → 378.0k NOK (0.0%). Net result +362.0k NOK → +522.3k NOK. Equity 3.18m NOK → 3.70m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADDEND AS.

At a glance

Scorecard

Revenue
378.0k NOK 378.0k NOK
0.0%
Operating result
-45.6k NOK -37.8k NOK
+17.0%
Net result
+362.0k NOK +522.3k NOK
+44.3%
Equity
3.18m NOK 3.70m NOK
+16.4%
Cash
71.0k NOK 177.8k NOK
+150.3%
Total assets
3.48m NOK 3.79m NOK
+9.1%

What improved

  • ↑

    Operating result improved

    Operating result -45.6k NOK → -37.8k NOK (op. margin -12.1% → -10.0%). Calculated

  • ↑

    Net result improved

    Net result +362.0k NOK → +522.3k NOK (net margin 95.8% → 138.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.18m NOK → 3.70m NOK (equity ratio 91.4% → 97.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 71.0k NOK → 177.8k NOK (+150.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.43× → 1.88×. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.92m NOK → 3.13m NOK. Reported fact