Org.nr 983 791 417 2018 → 2019 Year-over-year analysis

ADIANTE AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-12-03; registry 2020-12-17; journal 2020 975503

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADIANTE AS. Net result +340.7k NOK → +1.28m NOK. Equity 5.80m NOK → 7.08m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADIANTE AS.

At a glance

Revenue

n/m 46.7k NOK

—

Operating result

-247.0k NOK -171.4k NOK

+30.6%

Net result

+340.7k NOK +1.28m NOK

+276.7%

Equity

5.80m NOK 7.08m NOK

+22.1%

Cash

355.9k NOK 485.7k NOK

+36.5%

Total assets

7.71m NOK 8.58m NOK

+11.3%

↑
Operating result improved

Operating result -247.0k NOK → -171.4k NOK. Calculated
↑
Net result improved

Net result +340.7k NOK → +1.28m NOK. Calculated
↑
Equity strengthened

Book equity 5.80m NOK → 7.08m NOK (equity ratio 75.2% → 82.6%). Calculated
↑
Cash rose

Bank deposits 355.9k NOK → 485.7k NOK (+36.5% YoY). Calculated

·
Payroll increased

Salary cost 2 746 NOK → 13.8k NOK. Calculated
·
Book investments changed

Investment / intangible book value 6 NOK → 624.4k NOK. Reported fact