Org.nr 910 681 761 2018 → 2019 Year-over-year analysis

ADOLPH BERGSVEI 58 AS: årsregnskap 2019 vs 2018

Grew 285481% on revenue

approved 2019-12-31; registry 2020-07-08; journal 2020 549378

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADOLPH BERGSVEI 58 AS. Revenue 15.1k NOK → 43.00m NOK (+285481.5%). Net result +948 NOK → +8 529 NOK. Equity 7.91m NOK → 9.44m NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADOLPH BERGSVEI 58 AS.

Scorecard

Revenue
15.1k NOK 43.00m NOK
+285481.5%
Operating result
+977 NOK +10.9k NOK
+1019.2%
Net result
+948 NOK +8 529 NOK
+799.7%
Equity
7.91m NOK 9.44m NOK
+19.3%
Cash
64.4k NOK 336.8k NOK
+422.8%
Total assets
33.32m NOK 99.41m NOK
+198.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.1k NOK to 43.00m NOK (+285481.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +977 NOK → +10.9k NOK (op. margin 6.5% → 0.0%). Calculated

  • ↑

    Net result improved

    Net result +948 NOK → +8 529 NOK (net margin 6.3% → 0.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.91m NOK → 9.44m NOK (equity ratio 23.7% → 9.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 64.4k NOK → 336.8k NOK (+422.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 0 NOK → 64.0k NOK (0% → 0% of revenue). Calculated