Org.nr 976 145 178 2018 → 2019 Year-over-year analysis

ADDSECURE AS: årsregnskap 2019 vs 2018

Grew 11% on revenue

approved 2020-06-29; registry 2020-09-15; journal 2020 815088

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADDSECURE AS. Revenue 181.9k NOK → 202.7k NOK (+11.4%). Equity 82.36m NOK → 93.51m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

At a glance

Revenue

181.9k NOK 202.7k NOK

+11.4%

Operating result

n/m +73.88m NOK

—

Net result

n/m +61.15m NOK

—

Equity

82.36m NOK 93.51m NOK

+13.5%

Cash

69.15m NOK 9.15bn NOK

+13125.3%

Total assets

274.9k NOK 363.8k NOK

+32.3%

↑
Revenue rose

Operating income / revenue moved from 181.9k NOK to 202.7k NOK (+11.4% YoY). Calculated
↑
Equity strengthened

Book equity 82.36m NOK → 93.51m NOK (equity ratio 29961.5% → 25705.4%). Calculated
↑
Cash rose

Bank deposits 69.15m NOK → 9.15bn NOK (+13125.3% YoY). Calculated

·
Payroll increased

Salary cost 39.21m NOK → 39.52m NOK (21553% → 19496% of revenue). Calculated
·
COGS moved

COGS / varekostnad 47.87m NOK → 51.03m NOK (+6.6% YoY). Calculated