ADMIRATION AS: årsregnskap 2020 vs 2019
A steady year on the published lines
approved 2021-09-02; registry 2021-09-07; journal 2021 734423
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADMIRATION AS. Revenue 853.9k NOK → 855.6k NOK (+0.2%). Net result +110.3k NOK → +110.4k NOK. Equity 244.6k NOK → 7.26m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 853.9k NOK to 855.6k NOK (+0.2% YoY). Calculated
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↑
Equity strengthened
Book equity 244.6k NOK → 7.26m NOK (equity ratio 112.8% → 1155.0%). Calculated
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↑
Cash rose
Bank deposits 42.1k NOK → 104.3k NOK (+147.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 465.5k NOK → 68.1k NOK (55% → 8% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +169.6k NOK → +164.0k NOK (op. margin 19.9% → 19.2%). Calculated