ADEPTIO AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2021-05-21; registry 2021-06-16; journal 2021 329375
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADEPTIO AS. Revenue 290.4k NOK → 285.8k NOK (-1.6%). Net result -89.4k NOK → +273.6k NOK. Equity 583.3k NOK → 11.86m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADEPTIO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -2 100 NOK → +61.1k NOK (op. margin -0.7% → 21.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 89.4k NOK to a profit of 273.6k NOK. Calculated
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↑
Equity strengthened
Book equity 583.3k NOK → 11.86m NOK (equity ratio 70.9% → 1232.3%). Calculated
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↑
Cash rose
Bank deposits 392.9k NOK → 733.0k NOK (+86.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.23m NOK → 2 NOK (1111% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 290.4k NOK to 285.8k NOK (-1.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 200.0k NOK → 4 000 NOK (-98.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 429.7k NOK → 190.6k NOK. Reported fact