ADMINOR AS: årsregnskap 2020 vs 2019
Shrank 6% on revenue
approved 2021-02-17; registry 2021-02-20; journal 2021 119185
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADMINOR AS. Revenue 5.20m NOK → 4.87m NOK (-6.4%). Equity 1.98m NOK → 1.92m NOK.
Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
5.20m NOK
4.87m NOK
-6.4%
Operating result
n/m
+822.4k NOK
—
Net result
n/m
+647.2k NOK
—
Equity
1.98m NOK
1.92m NOK
-2.7%
Cash
2.95m NOK
n/m
—
Total assets
3.43m NOK
3.29m NOK
-3.9%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.20m NOK to 4.87m NOK (-6.4% YoY). Calculated
-
↓
Equity eroded
Book equity 1.98m NOK → 1.92m NOK (equity ratio 57.7% → 58.4%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3.02m NOK → 3.03m NOK (58% → 62% of revenue). Calculated