FirmaIQ
Org.nr 923 269 231 2019 → 2020 Year-over-year analysis

ADPOINT AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-05-31; registry 2021-06-21; journal 2021 378178

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADPOINT AS. Revenue 668.8k NOK → 675.8k NOK (+1.1%). Net result +258.1k NOK → +357.4k NOK. Equity 130.1k NOK → 487.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADPOINT AS.

At a glance

Scorecard

Revenue
668.8k NOK 675.8k NOK
+1.1%
Operating result
+330.9k NOK +467.4k NOK
+41.3%
Net result
+258.1k NOK +357.4k NOK
+38.5%
Equity
130.1k NOK 487.5k NOK
+274.8%
Cash
281.3k NOK 370.8k NOK
+31.8%
Total assets
460.4k NOK 664.8k NOK
+44.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 668.8k NOK to 675.8k NOK (+1.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +330.9k NOK → +467.4k NOK (op. margin 49.5% → 69.2%). Calculated

  • ↑

    Net result improved

    Net result +258.1k NOK → +357.4k NOK (net margin 38.6% → 52.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 130.1k NOK → 487.5k NOK (equity ratio 28.3% → 73.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 281.3k NOK → 370.8k NOK (+31.8% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.12× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 112.9k NOK → 896.9k NOK (+694.3% YoY). Calculated