FirmaIQ
Org.nr 968 326 414 2018 → 2019 Year-over-year analysis

ADOLPH TIDEMANDSGT 20/22 AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-05-20; registry 2020-09-14; journal 2020 808794

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADOLPH TIDEMANDSGT 20/22 AS. Revenue 4.19m NOK → 4.26m NOK (+1.5%). Net result +2.31m NOK → +3.09m NOK. Equity 19.28m NOK → 15.37m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADOLPH TIDEMANDSGT 20/22 AS.

At a glance

Scorecard

Revenue
4.19m NOK 4.26m NOK
+1.5%
Operating result
+3.46m NOK +3.36m NOK
-2.9%
Net result
+2.31m NOK +3.09m NOK
+33.8%
Equity
19.28m NOK 15.37m NOK
-20.3%
Cash
8.60m NOK 10.81m NOK
+25.7%
Total assets
29.70m NOK 31.96m NOK
+7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.19m NOK to 4.26m NOK (+1.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.31m NOK → +3.09m NOK (net margin 55.1% → 72.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 8.60m NOK → 10.81m NOK (+25.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.46m NOK → +3.36m NOK (op. margin 82.5% → 78.9%). Calculated

  • ↓

    Equity eroded

    Book equity 19.28m NOK → 15.37m NOK (equity ratio 64.9% → 48.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 299.0k NOK → 151.4k NOK. Reported fact