FirmaIQ
Org.nr 913 912 330 2018 → 2019 Year-over-year analysis

ADELFIA AS: årsregnskap 2019 vs 2018

Shrank 6% on revenue, stronger earnings

approved 2020-03-27; registry 2020-05-07; journal 2020 337962

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADELFIA AS. Revenue 857.5k NOK → 809.8k NOK (-5.6%). Net result +12.3k NOK → +556.6k NOK. Equity -1 388 NOK → 11.56m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADELFIA AS.

At a glance

Scorecard

Revenue
857.5k NOK 809.8k NOK
-5.6%
Operating result
+13.5k NOK +704.3k NOK
+5131.1%
Net result
+12.3k NOK +556.6k NOK
+4430.9%
Equity
-1 388 NOK 11.56m NOK
+832609.4%
Cash
74.7k NOK 180.3k NOK
+141.3%
Total assets
1.44m NOK 496.4k NOK
-65.5%

What improved

  • ↑

    Operating result improved

    Operating result +13.5k NOK → +704.3k NOK (op. margin 1.6% → 87.0%). Calculated

  • ↑

    Net result improved

    Net result +12.3k NOK → +556.6k NOK (net margin 1.4% → 68.7%). Calculated

  • ↑

    Equity strengthened

    Book equity -1 388 NOK → 11.56m NOK (equity ratio -0.1% → 2327.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 74.7k NOK → 180.3k NOK (+141.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 800.7k NOK → 3 NOK (93% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 857.5k NOK to 809.8k NOK (-5.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 263.6k NOK → 1.26m NOK. Reported fact