FirmaIQ
Org.nr 979 953 046 2019 → 2020 Year-over-year analysis

ADOBE SYSTEMS NORGE AS: årsregnskap 2020 vs 2019

A steady year on the published lines

approved 2021-04-20; registry 2021-05-10; journal 2021 224016

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADOBE SYSTEMS NORGE AS. Revenue 9.97m NOK → 10.03m NOK (+0.6%). Net result +5.93m NOK → +7.11m NOK. Equity 2.04m NOK → 9.15m NOK.

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

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

At a glance

Scorecard

Revenue
9.97m NOK 10.03m NOK
+0.6%
Operating result
+7.66m NOK +9.03m NOK
+18.0%
Net result
+5.93m NOK +7.11m NOK
+19.8%
Equity
2.04m NOK 9.15m NOK
+348.4%
Cash
4.79m NOK 10.26m NOK
+114.3%
Total assets
22.93m NOK 11.79m NOK
-48.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.97m NOK to 10.03m NOK (+0.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7.66m NOK → +9.03m NOK (op. margin 76.8% → 90.1%). Calculated

  • ↑

    Net result improved

    Net result +5.93m NOK → +7.11m NOK (net margin 59.5% → 70.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.04m NOK → 9.15m NOK (equity ratio 8.9% → 77.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.79m NOK → 10.26m NOK (+114.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.60m NOK → 5.72m NOK (16% → 57% of revenue). Calculated