ADORA FEMME AS: årsregnskap 2020 vs 2019
Shrank 82% on revenue, stronger earnings
approved 2021-06-21; registry 2021-08-21; journal 2021 656865
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADORA FEMME AS. Revenue 949.3k NOK → 168.0k NOK (-82.3%). Net result +8 963 NOK → +208.2k NOK. Equity -282.4k NOK → -74.2k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +25.7k NOK → +213.5k NOK (op. margin 2.7% → 127.1%). Calculated
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Net result improved
Net result +8 963 NOK → +208.2k NOK (net margin 0.9% → 123.9%). Calculated
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Equity strengthened
Book equity -282.4k NOK → -74.2k NOK (equity ratio -83.0% → -15.2%). Calculated
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Cash rose
Bank deposits 60.0k NOK → 90.4k NOK (+50.7% YoY). Calculated
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Payroll decreased
Salary cost 396.0k NOK → 258.8k NOK (42% → 154% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 949.3k NOK to 168.0k NOK (-82.3% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 232.2k NOK → 331.7k NOK (+42.8% YoY). Calculated