ADDIT VEST AS: årsregnskap 2020 vs 2019
Shrank 13% on revenue
approved 2021-06-09; registry 2021-07-03; journal 2021 444254
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADDIT VEST AS. Revenue 2.94m NOK → 2.55m NOK (-13.3%). Net result -179.6k NOK → -156.8k NOK. Equity 214.8k NOK → 57.9k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADDIT VEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -177.1k NOK → -156.3k NOK (op. margin -6.0% → -6.1%). Calculated
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↑
Net result improved
Net result -179.6k NOK → -156.8k NOK (net margin -6.1% → -6.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.94m NOK to 2.55m NOK (-13.3% YoY). Calculated
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↓
Equity eroded
Book equity 214.8k NOK → 57.9k NOK (equity ratio 31.1% → 12.0%). Calculated
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↓
Cash fell
Bank deposits 134.1k NOK → 128.5k NOK (-4.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 531.3k NOK → 406.8k NOK (-23.4% YoY). Calculated