Org.nr 991 891 072 2019 → 2020 Year-over-year analysis

ADELSBERG AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, weaker earnings

approved 2021-05-31; registry 2021-06-02; journal 2021 376398

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADELSBERG AS. Revenue 465 NOK → 0 NOK (-100.0%). Net result +983.2k NOK → +4 755 NOK. Equity 2.14m NOK → 2.15m NOK.

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

Also worth watching: operating result unchanged. All figures are taken from the published annual accounts for ADELSBERG AS.

Scorecard

Revenue
465 NOK 0 NOK
-100.0%
Operating result
-7 685 NOK -7 685 NOK
0.0%
Net result
+983.2k NOK +4 755 NOK
-99.5%
Equity
2.14m NOK 2.15m NOK
+0.2%
Cash
116.9k NOK 109.6k NOK
-6.2%
Total assets
2.54m NOK 2.55m NOK
+0.2%

What improved

  • ↑

    Equity strengthened

    Book equity 2.14m NOK → 2.15m NOK (equity ratio 84.3% → 84.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 465 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +983.2k NOK → +4 755 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 116.9k NOK → 109.6k NOK (-6.2% YoY). Calculated

Things to notice

  • ·

    Operating result unchanged

    Operating result -7 685 NOK → -7 685 NOK. Calculated