ADMIN AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-05-31; registry 2021-06-07; journal 2021 400061
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADMIN AS. Revenue 672.0k NOK → 695.6k NOK (+3.5%). Net result +284.5k NOK → +441.7k NOK. Equity 388.0k NOK → 829.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADMIN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 672.0k NOK to 695.6k NOK (+3.5% YoY). Calculated
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Operating result improved
Operating result +376.2k NOK → +392.9k NOK (op. margin 56.0% → 56.5%). Calculated
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Net result improved
Net result +284.5k NOK → +441.7k NOK (net margin 42.3% → 63.5%). Calculated
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Equity strengthened
Book equity 388.0k NOK → 829.7k NOK (equity ratio 40.3% → 242.9%). Calculated
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Cash rose
Bank deposits 56.2k NOK → 113.0k NOK (+101.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 76.0k NOK → 3.12m NOK (11% → 449% of revenue). Calculated
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Book investments changed
Investment / intangible book value 483.3k NOK → 322.9k NOK. Reported fact