FirmaIQ
Org.nr 811 673 862 2018 → 2019 Year-over-year analysis

ADELIN AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-01-30; registry 2020-02-03; journal 2020 205543

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADELIN AS. Revenue 7.09m NOK → 6.94m NOK (-2.2%). Net result +161.4k NOK → +63.1k NOK. Equity 1.40m NOK → 1.46m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
7.09m NOK 6.94m NOK
-2.2%
Operating result
+166.9k NOK +71.6k NOK
-57.1%
Net result
+161.4k NOK +63.1k NOK
-60.9%
Equity
1.40m NOK 1.46m NOK
+4.5%
Cash
348.7k NOK 190.1k NOK
-45.5%
Total assets
2.66m NOK 2.69m NOK
+1.1%

What improved

  • ↑

    Equity strengthened

    Book equity 1.40m NOK → 1.46m NOK (equity ratio 52.5% → 54.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.34m NOK → 2.33m NOK (33% → 34% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.09m NOK to 6.94m NOK (-2.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +166.9k NOK → +71.6k NOK (op. margin 2.4% → 1.0%). Calculated

  • ↓

    Net result weakened

    Net result +161.4k NOK → +63.1k NOK (net margin 2.3% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 348.7k NOK → 190.1k NOK (-45.5% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 3.64m NOK → 3.65m NOK (+0.2% YoY). Calculated