FirmaIQ
Org.nr 947 812 815 2018 → 2019 Year-over-year analysis

ADONIS AS: årsregnskap 2019 vs 2018

Grew 15% on revenue, weaker earnings

approved 2020-06-19; registry 2020-08-01; journal 2020 634827

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADONIS AS. Revenue 26.30m NOK → 30.26m NOK (+15.1%). Net result +2.10m NOK → +885.8k NOK. Equity 5.81m NOK → 6.69m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADONIS AS.

At a glance

Scorecard

Revenue
26.30m NOK 30.26m NOK
+15.1%
Operating result
+2.82m NOK +941.0k NOK
-66.7%
Net result
+2.10m NOK +885.8k NOK
-57.9%
Equity
5.81m NOK 6.69m NOK
+15.3%
Cash
1.09m NOK 4.67m NOK
+326.8%
Total assets
23.66m NOK 29.90m NOK
+26.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 26.30m NOK to 30.26m NOK (+15.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.81m NOK → 6.69m NOK (equity ratio 24.5% → 22.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.09m NOK → 4.67m NOK (+326.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.82m NOK → +941.0k NOK (op. margin 10.7% → 3.1%). Calculated

  • ↓

    Net result weakened

    Net result +2.10m NOK → +885.8k NOK (net margin 8.0% → 2.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.82m NOK → 9.09m NOK (30% → 30% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 8.85m NOK → 11.55m NOK (+30.5% YoY). Calculated