FirmaIQ
Org.nr 914 735 580 2019 → 2020 Year-over-year analysis

ADEC ØKONOMI AS: årsregnskap 2020 vs 2019

Grew 16% on revenue, stronger earnings

approved 2020-12-31; registry 2021-08-16; journal 2021 619252

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADEC ØKONOMI AS. Revenue 2.31m NOK → 2.67m NOK (+15.5%). Net result +43.1k NOK → +178.1k NOK. Equity 106.8k NOK → 12.28m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADEC ØKONOMI AS.

At a glance

Scorecard

Revenue
2.31m NOK 2.67m NOK
+15.5%
Operating result
+56.9k NOK +353.8k NOK
+522.3%
Net result
+43.1k NOK +178.1k NOK
+313.0%
Equity
106.8k NOK 12.28m NOK
+11407.2%
Cash
221.9k NOK 614.5k NOK
+176.9%
Total assets
522.3k NOK 738.5k NOK
+41.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.31m NOK to 2.67m NOK (+15.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +56.9k NOK → +353.8k NOK (op. margin 2.5% → 13.3%). Calculated

  • ↑

    Net result improved

    Net result +43.1k NOK → +178.1k NOK (net margin 1.9% → 6.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 106.8k NOK → 12.28m NOK (equity ratio 20.4% → 1663.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 221.9k NOK → 614.5k NOK (+176.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 181.5k NOK → 211.9k NOK (+16.8% YoY). Calculated