FirmaIQ
Org.nr 989 736 965 2019 → 2020 Year-over-year analysis

ADEPT AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-07-16; registry 2021-08-04; journal 2021 607908

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADEPT AS. Revenue 40.0k NOK → 40.0k NOK (0.0%). Net result +3 576 NOK → -108.4k NOK. Equity 3.52m NOK → 2.81m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: fell into a net loss; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
40.0k NOK 40.0k NOK
0.0%
Operating result
-174.9k NOK -151.0k NOK
+13.7%
Net result
+3 576 NOK -108.4k NOK
-3131.1%
Equity
3.52m NOK 2.81m NOK
-20.1%
Cash
638.0k NOK 91.2k NOK
-85.7%
Total assets
547.1k NOK 2.94m NOK
+437.0%

What improved

  • ↑

    Operating result improved

    Operating result -174.9k NOK → -151.0k NOK (op. margin -437.3% → -377.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 69.6k NOK → 1 965 NOK (174% → 5% of revenue). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 3 576 NOK profit to a loss of 108.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.52m NOK → 2.81m NOK (equity ratio 643.5% → 95.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 638.0k NOK → 91.2k NOK (-85.7% YoY). Calculated