ADIGO MEKATRONIKK AS: årsregnskap 2019 vs 2018
Grew 48% on revenue, stronger earnings
approved 2020-06-24; registry 2020-07-02; journal 2020 520249
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADIGO MEKATRONIKK AS. Revenue 20.83m NOK → 30.76m NOK (+47.7%). Net result +2 018 NOK → +1.37m NOK. Equity 7.14m NOK → 8.51m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADIGO MEKATRONIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.83m NOK to 30.76m NOK (+47.7% YoY). Calculated
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↑
Net result improved
Net result +2 018 NOK → +1.37m NOK (net margin 0.0% → 4.5%). Calculated
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↑
Equity strengthened
Book equity 7.14m NOK → 8.51m NOK (equity ratio 30.5% → 36.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +844.0k NOK → +269.9k NOK (op. margin 4.1% → 0.9%). Calculated
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↓
Cash fell
Bank deposits 3.97m NOK → 3.88m NOK (-2.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.68m NOK → 8.38m NOK (37% → 27% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 8.58m NOK → 11.78m NOK (+37.3% YoY). Calculated