Org.nr 921 975 317 2019 → 2020 Year-over-year analysis

ADOLF AA HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit, fresh owner capital

approved 2021-08-30; registry 2021-09-14; journal 2021 704054

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADOLF AA HOLDING AS. Net result -387 NOK → +2.08m NOK. Equity 13.61m NOK → 15.34m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADOLF AA HOLDING AS.

Scorecard

Operating result
-121.2k NOK -43.2k NOK
+64.3%
Net result
-387 NOK +2.08m NOK
+537784.5%
Equity
13.61m NOK 15.34m NOK
+12.7%
Cash
333 NOK 32.3k NOK
+9609.3%
Total assets
21.38m NOK 23.38m NOK
+9.4%

What improved

  • ↑

    Operating result improved

    Operating result -121.2k NOK → -43.2k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 387 NOK to a profit of 2.08m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 13.61m NOK → 15.34m NOK (equity ratio 63.6% → 65.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 333 NOK → 32.3k NOK (+9609.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3 517 NOK → 3.00m NOK (+3.00m NOK). Reported fact

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 21.29m NOK → 23.26m NOK. Reported fact