Org.nr 989 107 151 2019 → 2020 Year-over-year analysis

ADINE AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-05-04; registry 2021-06-08; journal 2021 267797

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADINE AS. Net result +264.2k NOK → +1.31m NOK. Equity 6.45m NOK → 7.76m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADINE AS.

At a glance

Operating result

-8 157 NOK -23.5k NOK

-188.7%

Net result

+264.2k NOK +1.31m NOK

+397.1%

Equity

6.45m NOK 7.76m NOK

+20.4%

Cash

359.4k NOK 388.9k NOK

+8.2%

Total assets

8.87m NOK 9.68m NOK

+9.0%

↑
Net result improved

Net result +264.2k NOK → +1.31m NOK. Calculated
↑
Equity strengthened

Book equity 6.45m NOK → 7.76m NOK (equity ratio 72.7% → 80.3%). Calculated
↑
Cash rose

Bank deposits 359.4k NOK → 388.9k NOK (+8.2% YoY). Calculated

↓
Operating result weakened

Operating result -8 157 NOK → -23.5k NOK. Calculated

·
Book investments changed

Investment / intangible book value 8.16m NOK → 8.15m NOK. Reported fact