ADEO AS: årsregnskap 2020 vs 2019
Grew 50% on revenue, slipped into loss
approved 2021-04-20; registry 2021-04-22; journal 2021 216303
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADEO AS. Revenue 59.2k NOK → 88.8k NOK (+50.1%). Net result +253.3k NOK → -115.4k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADEO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 59.2k NOK to 88.8k NOK (+50.1% YoY). Calculated
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↑
Operating result improved
Operating result -248.5k NOK → -114.8k NOK (op. margin -420.0% → -129.3%). Calculated
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↑
Cash rose
Bank deposits 2 297 NOK → 49.6k NOK (+2058.2% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 253.3k NOK profit to a loss of 115.4k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 423.8k NOK → 373.9k NOK. Reported fact