ADRASTEIA AS: årsregnskap 2020 vs 2019
Grew 285% on revenue, slipped into loss
approved 2020-12-31; registry 2023-08-17; journal 2023 697113
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADRASTEIA AS. Revenue 31.4k NOK → 120.8k NOK (+284.9%). Net result +679 NOK → -32.9k NOK. Equity 62.9k NOK → 30.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADRASTEIA AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 31.4k NOK to 120.8k NOK (+284.9% YoY). Calculated
-
↑
Cash rose
Bank deposits 63.5k NOK → 109.6k NOK (+72.6% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +875 NOK → -33.0k NOK (op. margin 2.8% → -27.3%). Calculated
-
↓
Fell into a net loss
Net result flipped from 679 NOK profit to a loss of 32.9k NOK. Calculated
-
↓
Equity eroded
Book equity 62.9k NOK → 30.0k NOK (equity ratio 97.4% → 27.3%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 9 006 NOK → 60.8k NOK (+575.0% YoY). Calculated