ADMINS AS: årsregnskap 2020 vs 2019
Grew 7% on revenue, stronger earnings
approved 2021-01-26; registry 2021-02-06; journal 2021 113282
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADMINS AS. Revenue 231.8k NOK → 247.6k NOK (+6.8%). Net result +18.4k NOK → +33.6k NOK. Equity 153.0k NOK → 136.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADMINS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 231.8k NOK to 247.6k NOK (+6.8% YoY). Calculated
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↑
Operating result improved
Operating result +25.3k NOK → +49.7k NOK (op. margin 10.9% → 20.1%). Calculated
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↑
Net result improved
Net result +18.4k NOK → +33.6k NOK (net margin 7.9% → 13.6%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 153.0k NOK → 136.7k NOK (equity ratio 49.1% → 52.9%). Calculated
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↓
Cash fell
Bank deposits 311.8k NOK → 258.6k NOK (-17.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 124.4k NOK → 133 NOK (-99.9% YoY). Calculated