FirmaIQ
Org.nr 982 713 862 2018 → 2019 Year-over-year analysis

ADRENALIN AS: årsregnskap 2019 vs 2018

Shrank 91% on revenue, weaker earnings

approved 2020-08-31; registry 2020-09-14; journal 2020 805303

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADRENALIN AS. Revenue 17.91m NOK → 1.57m NOK (-91.2%). Net result +13.94m NOK → +387.2k NOK. Equity 20.84m NOK → 18.42m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
17.91m NOK 1.57m NOK
-91.2%
Operating result
+15.71m NOK -491.1k NOK
-103.1%
Net result
+13.94m NOK +387.2k NOK
-97.2%
Equity
20.84m NOK 18.42m NOK
-11.6%
Cash
16.77m NOK 9.90m NOK
-40.9%
Total assets
24.50m NOK 18.72m NOK
-23.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.91m NOK to 1.57m NOK (-91.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +15.71m NOK → -491.1k NOK (op. margin 87.8% → -31.3%). Calculated

  • ↓

    Net result weakened

    Net result +13.94m NOK → +387.2k NOK (net margin 77.8% → 24.7%). Calculated

  • ↓

    Equity eroded

    Book equity 20.84m NOK → 18.42m NOK (equity ratio 85.1% → 98.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 16.77m NOK → 9.90m NOK (-40.9% YoY). Calculated