FirmaIQ
Org.nr 917 357 587 2018 → 2019 Year-over-year analysis

ADMIRAL P AS: årsregnskap 2019 vs 2018

Grew 20% on revenue, stronger earnings

approved 2020-08-21; registry 2020-09-07; journal 2020 766408

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADMIRAL P AS. Revenue 2.68m NOK → 3.23m NOK (+20.4%). Net result +116.7k NOK → +506.3k NOK. Equity -219.8k NOK → 30.5k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADMIRAL P AS.

At a glance

Scorecard

Revenue
2.68m NOK 3.23m NOK
+20.4%
Operating result
+152.5k NOK +649.2k NOK
+325.7%
Net result
+116.7k NOK +506.3k NOK
+333.7%
Equity
-219.8k NOK 30.5k NOK
+113.9%
Cash
83.8k NOK 161.3k NOK
+92.6%
Total assets
210.3k NOK 627.4k NOK
+198.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.68m NOK to 3.23m NOK (+20.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +152.5k NOK → +649.2k NOK (op. margin 5.7% → 20.1%). Calculated

  • ↑

    Net result improved

    Net result +116.7k NOK → +506.3k NOK (net margin 4.4% → 15.7%). Calculated

  • ↑

    Equity strengthened

    Book equity -219.8k NOK → 30.5k NOK (equity ratio -104.5% → 4.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 83.8k NOK → 161.3k NOK (+92.6% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.18m NOK → 1.64m NOK (+38.8% YoY). Calculated