FirmaIQ
Org.nr 817 987 222 2018 → 2019 Year-over-year analysis

ADORA FEMME AS: årsregnskap 2019 vs 2018

Grew 10% on revenue, returned to profit

approved 2020-09-18; registry 2020-09-23; journal 2020 852314

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADORA FEMME AS. Revenue 859.5k NOK → 949.3k NOK (+10.4%). Net result -239.3k NOK → +8 963 NOK. Equity -291.1k NOK → -282.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADORA FEMME AS.

At a glance

Scorecard

Revenue
859.5k NOK 949.3k NOK
+10.4%
Operating result
-225.2k NOK +25.7k NOK
+111.4%
Net result
-239.3k NOK +8 963 NOK
+103.7%
Equity
-291.1k NOK -282.4k NOK
+3.0%
Cash
78.7k NOK 60.0k NOK
-23.8%
Total assets
326.8k NOK 340.3k NOK
+4.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 859.5k NOK to 949.3k NOK (+10.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -225.2k NOK → +25.7k NOK (op. margin -26.2% → 2.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 239.3k NOK to a profit of 8 963 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -291.1k NOK → -282.4k NOK (equity ratio -89.1% → -83.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 471.2k NOK → 396.0k NOK (55% → 42% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 78.7k NOK → 60.0k NOK (-23.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 319.2k NOK → 232.2k NOK (-27.2% YoY). Calculated