ADECCO GROUP NORWAY AS: årsregnskap 2019 vs 2018
Grew 6% on revenue, slipped into loss, fresh owner capital
approved 2020-05-28; registry 2020-09-03; journal 2020 730552
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADECCO GROUP NORWAY AS. Revenue 370.6k NOK → 392.5k NOK (+5.9%). Net result +10.62m NOK → -50.79m NOK. Equity 39.68m NOK → 658.28m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: fell into a net loss.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADECCO GROUP NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 370.6k NOK to 392.5k NOK (+5.9% YoY). Calculated
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↑
Equity strengthened
Book equity 39.68m NOK → 658.28m NOK (equity ratio 27988.0% → 50.7%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 45.97×. Calculated
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↑
Owners injected capital
Paid-in equity rose 36.75m NOK → 61.68m NOK (+24.93m NOK). Reported fact
What deteriorated
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↓
Fell into a net loss
Net result flipped from 10.62m NOK profit to a loss of 50.79m NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 7.31m NOK → 7.32m NOK (1972% → 1865% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 461 NOK → 461.0k NOK. Reported fact