FirmaIQ
Org.nr 987 845 880 2019 → 2020 Year-over-year analysis

ADMINETT AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-08-20; registry 2021-09-06; journal 2021 728516

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADMINETT AS. Revenue 114.0k NOK → 114.0k NOK (0.0%). Net result +763.2k NOK → +1.83m NOK. Equity 10.88m NOK → 12.56m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMINETT AS.

At a glance

Scorecard

Revenue
114.0k NOK 114.0k NOK
0.0%
Operating result
+20.2k NOK +46.5k NOK
+130.7%
Net result
+763.2k NOK +1.83m NOK
+140.1%
Equity
10.88m NOK 12.56m NOK
+15.5%
Cash
793.5k NOK 480.1k NOK
-39.5%
Total assets
11.92m NOK 13.03m NOK
+9.3%

What improved

  • ↑

    Operating result improved

    Operating result +20.2k NOK → +46.5k NOK (op. margin 17.7% → 40.8%). Calculated

  • ↑

    Net result improved

    Net result +763.2k NOK → +1.83m NOK (net margin 669.5% → 1607.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.88m NOK → 12.56m NOK (equity ratio 91.2% → 96.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 793.5k NOK → 480.1k NOK (-39.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.75m NOK → 373.9k NOK. Reported fact