ADRASTEIA HOLDING AS: årsregnskap 2020 vs 2019
Grew 34% on revenue, stronger earnings
approved 2021-09-02; registry 2021-09-23; journal 2021 788431
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADRASTEIA HOLDING AS. Revenue 313.9k NOK → 421.5k NOK (+34.3%). Net result -1.01m NOK → -519.0k NOK. Equity 5.78m NOK → 5.26m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADRASTEIA HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 313.9k NOK to 421.5k NOK (+34.3% YoY). Calculated
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Operating result improved
Operating result -228.0k NOK → -54.3k NOK (op. margin -72.7% → -12.9%). Calculated
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Net result improved
Net result -1.01m NOK → -519.0k NOK (net margin -322.3% → -123.1%). Calculated
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Cash rose
Bank deposits 169.4k NOK → 836.2k NOK (+393.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 5.78m NOK → 5.26m NOK (equity ratio 26.0% → 29.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost -20.0k NOK → 1 NOK (-6% → 0% of revenue). Calculated