ADJ EIENDOM AS: årsregnskap 2020 vs 2019
Grew 231% on revenue, stronger earnings
approved 2021-03-02; registry 2021-03-09; journal 2021 139381
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADJ EIENDOM AS. Revenue 6.98m NOK → 23.14m NOK (+231.4%). Net result +2.57m NOK → +8.46m NOK. Equity 11.72m NOK → 20.17m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
6.98m NOK
23.14m NOK
+231.4%
Operating result
n/m
+11.05m NOK
—
Net result
+2.57m NOK
+8.46m NOK
+229.4%
Equity
11.72m NOK
20.17m NOK
+72.2%
Cash
1.41m NOK
2.38m NOK
+68.8%
Total assets
22.40m NOK
25.38m NOK
+13.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.98m NOK to 23.14m NOK (+231.4% YoY). Calculated
-
↑
Net result improved
Net result +2.57m NOK → +8.46m NOK (net margin 36.8% → 36.5%). Calculated
-
↑
Equity strengthened
Book equity 11.72m NOK → 20.17m NOK (equity ratio 52.3% → 79.5%). Calculated
-
↑
Cash rose
Bank deposits 1.41m NOK → 2.38m NOK (+68.8% YoY). Calculated