ADFLASH AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-05-27; registry 2021-05-31; journal 2021 353235
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADFLASH AS. Revenue 19.1k NOK → 19.1k NOK (0.0%). Net result +1.62m NOK → +2.52m NOK. Equity 2.56m NOK → 1.78m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
19.1k NOK
19.1k NOK
0.0%
Operating result
-212.8k NOK
-327.2k NOK
-53.8%
Net result
+1.62m NOK
+2.52m NOK
+55.4%
Equity
2.56m NOK
1.78m NOK
-30.5%
Cash
18.9k NOK
18.9k NOK
0.0%
Total assets
4.55m NOK
4.29m NOK
-5.7%
What improved
-
↑
Net result improved
Net result +1.62m NOK → +2.52m NOK (net margin 8470.0% → 13159.3%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -212.8k NOK → -327.2k NOK (op. margin -1111.2% → -1708.9%). Calculated
-
↓
Equity eroded
Book equity 2.56m NOK → 1.78m NOK (equity ratio 56.2% → 41.4%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 41.0k NOK → 46.5k NOK (214% → 243% of revenue). Calculated