ADEA IT AS: årsregnskap 2020 vs 2019
Shrank 74% on revenue, stronger earnings
approved 2020-12-31; registry 2021-09-06; journal 2021 727754
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADEA IT AS. Revenue 695.1k NOK → 182.2k NOK (-73.8%). Net result +10.3k NOK → +189.3k NOK. Equity 34.7k NOK → 10.22m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +15.1k NOK → +243.0k NOK (op. margin 2.2% → 133.4%). Calculated
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↑
Net result improved
Net result +10.3k NOK → +189.3k NOK (net margin 1.5% → 103.9%). Calculated
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↑
Equity strengthened
Book equity 34.7k NOK → 10.22m NOK (equity ratio 13.2% → 2636.7%). Calculated
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↑
Cash rose
Bank deposits 170.4k NOK → 205.5k NOK (+20.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 695.1k NOK to 182.2k NOK (-73.8% YoY). Calculated