ADDIX AS: årsregnskap 2020 vs 2019
Shrank 66% on revenue, weaker earnings
approved 2021-07-01; registry 2021-07-05; journal 2021 526574
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADDIX AS. Revenue 1.54m NOK → 530.4k NOK (-65.5%). Net result +585.1k NOK → +153.1k NOK. Equity 12.62m NOK → 12.63m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 12.62m NOK → 12.63m NOK (equity ratio 1240.1% → 1515.5%). Calculated
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↑
Cash rose
Bank deposits 668.3k NOK → 833.3k NOK (+24.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 5218.19bn NOK → 4 NOK (339254490% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.54m NOK to 530.4k NOK (-65.5% YoY). Calculated
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↓
Operating result weakened
Operating result +746.3k NOK → +198.7k NOK (op. margin 48.5% → 37.5%). Calculated
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↓
Net result weakened
Net result +585.1k NOK → +153.1k NOK (net margin 38.0% → 28.9%). Calculated