Org.nr 989 126 431 2019 → 2020 Year-over-year analysis

ADELCRANZ AS: årsregnskap 2020 vs 2019

Grew 172% on revenue, cash halved-plus

approved 2021-03-25; registry 2021-04-03; journal 2021 177990

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADELCRANZ AS. Revenue 808.5k NOK → 2.20m NOK (+171.6%). Equity 17.42m NOK → 19.07m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
808.5k NOK 2.20m NOK
+171.6%
Operating result
+2.44m NOK +2.00m NOK
-17.9%
Net result
n/m +1.75m NOK
—
Equity
17.42m NOK 19.07m NOK
+9.5%
Cash
449.3k NOK 1 129 NOK
-99.7%
Total assets
19.88m NOK 19.63m NOK
-1.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 808.5k NOK to 2.20m NOK (+171.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 17.42m NOK → 19.07m NOK (equity ratio 87.7% → 97.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.44m NOK → +2.00m NOK (op. margin 301.4% → 91.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 449.3k NOK → 1 129 NOK (-99.7% YoY). Calculated