ADEL EIENDOM AS: årsregnskap 2020 vs 2019
Grew 7% on revenue
approved 2021-06-02; registry 2021-06-05; journal 2021 389552
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADEL EIENDOM AS. Revenue 319.1k NOK → 339.8k NOK (+6.5%). Net result +99.1k NOK → +114.0k NOK. Equity 338.4k NOK → 52.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 319.1k NOK to 339.8k NOK (+6.5% YoY). Calculated
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↑
Operating result improved
Operating result +126.7k NOK → +145.8k NOK (op. margin 39.7% → 42.9%). Calculated
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↑
Net result improved
Net result +99.1k NOK → +114.0k NOK (net margin 31.1% → 33.5%). Calculated
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↑
Cash rose
Bank deposits 366.4k NOK → 484.5k NOK (+32.3% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 338.4k NOK → 52.4k NOK (equity ratio 92.4% → 10.8%). Calculated