FirmaIQ
Org.nr 920 296 165 2019 → 2020 Year-over-year analysis

ADONAI AS: årsregnskap 2020 vs 2019

Grew 33% on revenue, stronger earnings, fresh owner capital

registry 2021-10-04; journal 2021 853022

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADONAI AS. Revenue 2.20m NOK → 2.93m NOK (+33.2%). Net result -315.6k NOK → -74.0k NOK. Equity -1.16m NOK → -332.0k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADONAI AS.

At a glance

Scorecard

Revenue
2.20m NOK 2.93m NOK
+33.2%
Operating result
-315.4k NOK -82.1k NOK
+74.0%
Net result
-315.6k NOK -74.0k NOK
+76.5%
Equity
-1.16m NOK -332.0k NOK
+71.4%
Cash
527.4k NOK 561.6k NOK
+6.5%
Total assets
1.15m NOK 1.07m NOK
-6.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.20m NOK to 2.93m NOK (+33.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -315.4k NOK → -82.1k NOK (op. margin -14.3% → -2.8%). Calculated

  • ↑

    Net result improved

    Net result -315.6k NOK → -74.0k NOK (net margin -14.3% → -2.5%). Calculated

  • ↑

    Equity strengthened

    Book equity -1.16m NOK → -332.0k NOK (equity ratio -100.9% → -30.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 527.4k NOK → 561.6k NOK (+6.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 583.8k NOK → 656.8k NOK (+12.5% YoY). Calculated