ADHAMA HOLDING AS: årsregnskap 2020 vs 2019
Shrank 8% on revenue, stronger earnings
approved 2021-05-20; registry 2021-06-16; journal 2021 325571
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADHAMA HOLDING AS. Revenue 616.8k NOK → 566.5k NOK (-8.1%). Net result +2.39m NOK → +3.08m NOK. Equity 7.14m NOK → 8.22m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADHAMA HOLDING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +2.39m NOK → +3.08m NOK (net margin 387.6% → 543.6%). Calculated
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Equity strengthened
Book equity 7.14m NOK → 8.22m NOK (equity ratio 69.1% → 69.7%). Calculated
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Cash rose
Bank deposits 22.1k NOK → 214.6k NOK (+873.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 616.8k NOK to 566.5k NOK (-8.1% YoY). Calculated
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↓
Operating result weakened
Operating result +416.7k NOK → +345.4k NOK (op. margin 67.6% → 61.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 7.20m NOK → 7.94m NOK. Reported fact