FirmaIQ
Org.nr 922 962 006 2019 → 2020 Year-over-year analysis

ADELSTEN AS: årsregnskap 2020 vs 2019

Grew 26% on revenue, stronger earnings

approved 2021-06-26; registry 2021-07-10; journal 2021 554693

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADELSTEN AS. Revenue 425.2k NOK → 537.2k NOK (+26.3%). Net result +55.0k NOK → +67.9k NOK. Equity 78.2k NOK → 6.15m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADELSTEN AS.

At a glance

Scorecard

Revenue
425.2k NOK 537.2k NOK
+26.3%
Operating result
+68.8k NOK +90.0k NOK
+30.7%
Net result
+55.0k NOK +67.9k NOK
+23.4%
Equity
78.2k NOK 6.15m NOK
+7754.9%
Cash
244.1k NOK 477.9k NOK
+95.7%
Total assets
476.4k NOK 719.2k NOK
+51.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 425.2k NOK to 537.2k NOK (+26.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +68.8k NOK → +90.0k NOK (op. margin 16.2% → 16.8%). Calculated

  • ↑

    Net result improved

    Net result +55.0k NOK → +67.9k NOK (net margin 12.9% → 12.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 78.2k NOK → 6.15m NOK (equity ratio 16.4% → 854.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 244.1k NOK → 477.9k NOK (+95.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3 250 NOK → 1.23m NOK (+37816.5% YoY). Calculated