Org.nr 984 560 583 2019 → 2020 Year-over-year analysis

ADIFICO ØKONOMI AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-03-20; registry 2021-06-12; journal 2021 295502

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADIFICO ØKONOMI AS. Revenue 1.83m NOK → 1.76m NOK (-3.5%). Net result +505.9k NOK → +296.7k NOK. Equity 30.0k NOK → 12.33m NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
1.83m NOK 1.76m NOK
-3.5%
Operating result
+643.7k NOK +411.7k NOK
-36.0%
Net result
+505.9k NOK +296.7k NOK
-41.4%
Equity
30.0k NOK 12.33m NOK
+40988.9%
Cash
609.2k NOK 482.4k NOK
-20.8%
Total assets
886.3k NOK 615.2k NOK
-30.6%

What improved

  • ↑

    Equity strengthened

    Book equity 30.0k NOK → 12.33m NOK (equity ratio 3.4% → 2003.7%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.90× → 2.13×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.83m NOK to 1.76m NOK (-3.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +643.7k NOK → +411.7k NOK (op. margin 35.2% → 23.3%). Calculated

  • ↓

    Net result weakened

    Net result +505.9k NOK → +296.7k NOK (net margin 27.7% → 16.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 609.2k NOK → 482.4k NOK (-20.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 107.4k NOK → 151.7k NOK (+41.2% YoY). Calculated