FirmaIQ
Org.nr 986 276 475 2019 → 2020 Year-over-year analysis

ADREGA AS: årsregnskap 2020 vs 2019

Another loss-making year

approved 2021-03-11; registry 2021-03-16; journal 2021 149021

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADREGA AS. Revenue 1.76m NOK → 1.67m NOK (-4.9%). Net result -2.32m NOK → -2.65m NOK. Equity -49.01m NOK → -51.66m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADREGA AS.

At a glance

Scorecard

Revenue
1.76m NOK 1.67m NOK
-4.9%
Operating result
+2 302 NOK -2.66m NOK
-115507.5%
Net result
-2.32m NOK -2.65m NOK
-14.4%
Equity
-49.01m NOK -51.66m NOK
-5.4%
Cash
416.0k NOK 299.1k NOK
-28.1%
Total assets
845.1k NOK 742.4k NOK
-12.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.76m NOK to 1.67m NOK (-4.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2 302 NOK → -2.66m NOK (op. margin 0.1% → -159.1%). Calculated

  • ↓

    Net result weakened

    Net result -2.32m NOK → -2.65m NOK (net margin -132.1% → -158.9%). Calculated

  • ↓

    Equity eroded

    Book equity -49.01m NOK → -51.66m NOK (equity ratio -5799.2% → -6958.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 416.0k NOK → 299.1k NOK (-28.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -6958.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation