ADEL HOLDING AS: årsregnskap 2020 vs 2019
Shrank 71% on revenue
approved 2021-02-24; registry 2021-03-01; journal 2021 130002
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADEL HOLDING AS. Revenue 71.1k NOK → 20.3k NOK (-71.4%). Net result +4 NOK → +4 NOK. Equity 1.33m NOK → 1.34m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
71.1k NOK
20.3k NOK
-71.4%
Operating result
+39.9k NOK
+712.1k NOK
+1685.1%
Net result
+4 NOK
+4 NOK
0.0%
Equity
1.33m NOK
1.34m NOK
+0.4%
Cash
346.8k NOK
344.8k NOK
-0.6%
Total assets
1.35m NOK
1.35m NOK
-0.1%
What improved
-
↑
Operating result improved
Operating result +39.9k NOK → +712.1k NOK (op. margin 56.1% → 3508.1%). Calculated
-
↑
Equity strengthened
Book equity 1.33m NOK → 1.34m NOK (equity ratio 98.9% → 99.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 71.1k NOK to 20.3k NOK (-71.4% YoY). Calculated
-
↓
Cash fell
Bank deposits 346.8k NOK → 344.8k NOK (-0.6% YoY). Calculated