Org.nr 923 565 574 2019 → 2020 Year-over-year analysis

ADMIRAL HOTEL AS: årsregnskap 2020 vs 2019

Grew 405088% on revenue, stronger earnings, fresh owner capital

approved 2021-05-12; registry 2021-07-20; journal 2021 509181

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADMIRAL HOTEL AS. Revenue 6 091 NOK → 24.68m NOK (+405088.2%). Net result +1.92m NOK → +7.70m NOK. Equity 394.43m NOK → 416.44m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
6 091 NOK 24.68m NOK
+405088.2%
Operating result
+2.57m NOK +9.99m NOK
+289.2%
Net result
+1.92m NOK +7.70m NOK
+301.8%
Equity
394.43m NOK 416.44m NOK
+5.6%
Total assets
431.56m NOK 430.03m NOK
-0.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6 091 NOK to 24.68m NOK (+405088.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.57m NOK → +9.99m NOK (op. margin 42154.6% → 40.5%). Calculated

  • ↑

    Net result improved

    Net result +1.92m NOK → +7.70m NOK (net margin 31480.3% → 31.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 394.43m NOK → 416.44m NOK (equity ratio 91.4% → 96.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 394.4k NOK → 416.44m NOK (+416.05m NOK). Reported fact