ADORA AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2021-06-28; registry 2021-10-05; journal 2021 874818
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADORA AS. Revenue 0 NOK → 173.2k NOK. Net result -21.7k NOK → +38.8k NOK. Equity 110.5k NOK → 149.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADORA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 173.2k NOK. Calculated
-
↑
Operating result improved
Operating result -21.7k NOK → +38.8k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 21.7k NOK to a profit of 38.8k NOK. Calculated
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↑
Equity strengthened
Book equity 110.5k NOK → 149.3k NOK (equity ratio 28.0% → 28.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 221.3k NOK → 128.2k NOK (-42.1% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 110.5k NOK → 35.7k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 0 NOK → 129.9k NOK. Calculated