Org.nr 861 213 102 2018 → 2019 Year-over-year analysis

ADEK AS: årsregnskap 2019 vs 2018

Grew 14% on revenue, slipped into loss

approved 2020-05-15; registry 2020-06-06; journal 2020 394441

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADEK AS. Revenue 3.04m NOK → 3.47m NOK (+14.0%). Net result +21.2k NOK → -146.3k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss.

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

Scorecard

Revenue
3.04m NOK 3.47m NOK
+14.0%
Operating result
+10.6k NOK -139.6k NOK
-1420.6%
Net result
+21.2k NOK -146.3k NOK
-791.8%
Cash
353.8k NOK 357.8k NOK
+1.1%
Total assets
998.1k NOK 899.3k NOK
-9.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.04m NOK to 3.47m NOK (+14.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 353.8k NOK → 357.8k NOK (+1.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +10.6k NOK → -139.6k NOK (op. margin 0.3% → -4.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 21.2k NOK profit to a loss of 146.3k NOK. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 120.9k NOK → 1.42m NOK (+1075.0% YoY). Calculated