Org.nr 996 182 029 2018 → 2019 Year-over-year analysis

ADEO AS: årsregnskap 2019 vs 2018

Shrank 66% on revenue, weaker earnings, cash halved-plus

approved 2020-06-24; registry 2020-06-30; journal 2020 515153

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADEO AS. Revenue 175.4k NOK → 59.2k NOK (-66.3%). Net result +407.0k NOK → +253.3k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Revenue

175.4k NOK 59.2k NOK

-66.3%

Operating result

+153.7k NOK -248.5k NOK

-261.6%

Net result

+407.0k NOK +253.3k NOK

-37.8%

Equity

1.43m NOK n/m

—

Cash

10.6k NOK 2 297 NOK

-78.3%

Total assets

1.76m NOK 1.23m NOK

-29.7%

↓
Revenue fell

Operating income / revenue moved from 175.4k NOK to 59.2k NOK (-66.3% YoY). Calculated
↓
Operating result weakened

Operating result +153.7k NOK → -248.5k NOK (op. margin 87.7% → -420.0%). Calculated
↓
Net result weakened

Net result +407.0k NOK → +253.3k NOK (net margin 232.1% → 428.2%). Calculated
↓
Cash fell

Bank deposits 10.6k NOK → 2 297 NOK (-78.3% YoY). Calculated

·
Book investments changed

Investment / intangible book value 433.1k NOK → 423.8k NOK. Reported fact