FirmaIQ
Org.nr 997 979 036 2018 → 2019 Year-over-year analysis

ADMIRUM AS: årsregnskap 2019 vs 2018

Grew 12% on revenue, stronger earnings

approved 2020-03-24; registry 2020-06-15; journal 2020 434346

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADMIRUM AS. Revenue 1.87m NOK → 2.09m NOK (+11.8%). Net result +745.0k NOK → +8.95m NOK. Equity 3.54m NOK → 4.49m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADMIRUM AS.

At a glance

Scorecard

Revenue
1.87m NOK 2.09m NOK
+11.8%
Net result
+745.0k NOK +8.95m NOK
+1100.9%
Equity
3.54m NOK 4.49m NOK
+26.7%
Cash
3.52m NOK 4.30m NOK
+22.3%
Total assets
4.17m NOK 5.02m NOK
+20.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.87m NOK to 2.09m NOK (+11.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +745.0k NOK → +8.95m NOK (net margin 39.9% → 428.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.54m NOK → 4.49m NOK (equity ratio 85.0% → 89.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.52m NOK → 4.30m NOK (+22.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 734.5k NOK → 745.5k NOK (39% → 36% of revenue). Calculated