ADLOCK NORGE AS: årsregnskap 2019 vs 2018
Shrank 23% on revenue
approved 2020-07-30; registry 2020-09-05; journal 2020 753681
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADLOCK NORGE AS. Revenue 4.07m NOK → 3.14m NOK (-23.0%). Equity 298.2k NOK → 12.33m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADLOCK NORGE AS.
At a glance
Scorecard
Revenue
4.07m NOK
3.14m NOK
-23.0%
Operating result
n/m
+104.9k NOK
—
Net result
n/m
+27.4k NOK
—
Equity
298.2k NOK
12.33m NOK
+4033.9%
Cash
253.5k NOK
539.4k NOK
+112.8%
Total assets
1.92m NOK
2.00m NOK
+4.4%
What improved
-
↑
Equity strengthened
Book equity 298.2k NOK → 12.33m NOK (equity ratio 15.5% → 615.7%). Calculated
-
↑
Cash rose
Bank deposits 253.5k NOK → 539.4k NOK (+112.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.07m NOK to 3.14m NOK (-23.0% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 1.64m NOK → 674.2k NOK (-58.9% YoY). Calculated