FirmaIQ
Org.nr 987 992 883 2019 → 2020 Year-over-year analysis

ADMINCONTROL AS: årsregnskap 2020 vs 2019

Grew 31% on revenue, stronger earnings

approved 2021-05-12; registry 2021-07-03; journal 2021 438272

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADMINCONTROL AS. Revenue 184.80m NOK → 242.64m NOK (+31.3%). Net result +26.83m NOK → +58.67m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADMINCONTROL AS.

At a glance

Scorecard

Revenue
184.80m NOK 242.64m NOK
+31.3%
Operating result
+35.05m NOK +69.78m NOK
+99.1%
Net result
+26.83m NOK +58.67m NOK
+118.7%
Cash
115.85m NOK 185.38m NOK
+60.0%
Total assets
157.92m NOK 228.60m NOK
+44.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 184.80m NOK to 242.64m NOK (+31.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +35.05m NOK → +69.78m NOK (op. margin 19.0% → 28.8%). Calculated

  • ↑

    Net result improved

    Net result +26.83m NOK → +58.67m NOK (net margin 14.5% → 24.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 115.85m NOK → 185.38m NOK (+60.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 63.49m NOK → 68.60m NOK (34% → 28% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 43.10m NOK → 51.83m NOK (+20.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.81m NOK → 1.33m NOK. Reported fact