ADELINES GJESTEBRYGGE AS: årsregnskap 2020 vs 2019
Grew 299% on revenue, slipped into loss
approved 2020-12-31; registry 2021-09-22; journal 2021 779739
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADELINES GJESTEBRYGGE AS. Revenue 146.3k NOK → 583.4k NOK (+298.7%). Net result +45.3k NOK → -271.6k NOK. Equity 3.91m NOK → 3.64m NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADELINES GJESTEBRYGGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 146.3k NOK to 583.4k NOK (+298.7% YoY). Calculated
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↑
Cash rose
Bank deposits 392.4k NOK → 674.9k NOK (+72.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.60× → 7.30×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -30.6k NOK → -150.0k NOK (op. margin -20.9% → -25.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 45.3k NOK profit to a loss of 271.6k NOK. Calculated
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↓
Equity eroded
Book equity 3.91m NOK → 3.64m NOK (equity ratio 71.0% → 40.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 NOK → 17.44m NOK (0% → 2989% of revenue). Calculated