FirmaIQ
Org.nr 989 176 013 2018 → 2019 Year-over-year analysis

ADMENTO AS: årsregnskap 2019 vs 2018

Grew 13% on revenue, stronger earnings

approved 2020-02-13; registry 2020-02-19; journal 2020 211862

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADMENTO AS. Revenue 54.47m NOK → 61.47m NOK (+12.9%). Net result +4.62m NOK → +8.31m NOK. Equity 9.64m NOK → 10.95m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADMENTO AS.

At a glance

Scorecard

Revenue
54.47m NOK 61.47m NOK
+12.9%
Net result
+4.62m NOK +8.31m NOK
+80.0%
Equity
9.64m NOK 10.95m NOK
+13.6%
Cash
1.66m NOK 2.01m NOK
+20.8%
Total assets
25.00m NOK 27.59m NOK
+10.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 54.47m NOK to 61.47m NOK (+12.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +4.62m NOK → +8.31m NOK (net margin 8.5% → 13.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.64m NOK → 10.95m NOK (equity ratio 38.6% → 39.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.66m NOK → 2.01m NOK (+20.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 35.41m NOK → 38.55m NOK (65% → 63% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 3.79m NOK → 3.68m NOK (-2.8% YoY). Calculated