Org.nr 953 564 394 2019 → 2020 Year-over-year analysis

ADONIS EDB AS: årsregnskap 2020 vs 2019

Grew 60% on revenue, slipped into loss

approved 2021-09-01; registry 2021-09-06; journal 2021 734244

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADONIS EDB AS. Revenue 134.1k NOK → 215.0k NOK (+60.3%). Net result +286.7k NOK → -76.9k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADONIS EDB AS.

Scorecard

Revenue
134.1k NOK 215.0k NOK
+60.3%
Operating result
+96.4k NOK +28.0k NOK
-70.9%
Net result
+286.7k NOK -76.9k NOK
-126.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 134.1k NOK to 215.0k NOK (+60.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +96.4k NOK → +28.0k NOK (op. margin 71.9% → 13.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 286.7k NOK profit to a loss of 76.9k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.71m NOK → 1.71m NOK. Reported fact