FirmaIQ
Org.nr 980 293 696 2019 → 2020 Year-over-year analysis

ADIUVO AS: årsregnskap 2020 vs 2019

Grew 80% on revenue, cash halved-plus

approved 2021-04-21; registry 2021-04-24; journal 2021 223218

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADIUVO AS. Revenue 1.46m NOK → 2.63m NOK (+80.4%). Net result +322.2k NOK → +371.5k NOK. Equity 87.1k NOK → 1.26m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.46m NOK 2.63m NOK
+80.4%
Operating result
+393.6k NOK +369.4k NOK
-6.2%
Net result
+322.2k NOK +371.5k NOK
+15.3%
Equity
87.1k NOK 1.26m NOK
+1345.7%
Cash
480.7k NOK 140.0k NOK
-70.9%
Total assets
1.81m NOK 2.33m NOK
+28.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.46m NOK to 2.63m NOK (+80.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +322.2k NOK → +371.5k NOK (net margin 22.1% → 14.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 87.1k NOK → 1.26m NOK (equity ratio 4.8% → 54.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.34× → 65.98×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +393.6k NOK → +369.4k NOK (op. margin 27.0% → 14.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 480.7k NOK → 140.0k NOK (-70.9% YoY). Calculated