ADEA AS: årsregnskap 2019 vs 2018
Grew 9% on revenue, returned to profit, fresh owner capital
approved 2020-04-28; registry 2020-05-14; journal 2020 352795
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADEA AS. Revenue 2.82m NOK → 3.08m NOK (+9.2%). Net result -190.1k NOK → +8 202 NOK. Equity -191.3k NOK → -23.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADEA AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.82m NOK to 3.08m NOK (+9.2% YoY). Calculated
-
↑
Operating result improved
Operating result -210.8k NOK → +11.2k NOK (op. margin -7.5% → 0.4%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 190.1k NOK to a profit of 8 202 NOK. Calculated
-
↑
Equity strengthened
Book equity -191.3k NOK → -23.1k NOK (equity ratio -25.9% → -3.6%). Calculated
-
↑
Cash rose
Bank deposits 114.3k NOK → 205.9k NOK (+80.1% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.73m NOK → 1.74m NOK (61% → 57% of revenue). Calculated