FirmaIQ
Org.nr 992 664 568 2018 → 2019 Year-over-year analysis

ADRESSEAVISEN AS: årsregnskap 2019 vs 2018

Stronger earnings, cash halved-plus

approved 2020-04-30; registry 2020-08-26; journal 2020 697646

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADRESSEAVISEN AS. Revenue 529.65m NOK → 533.77m NOK (+0.8%). Net result +75.29m NOK → +176.66m NOK. Equity 1.50bn NOK → 2.26bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADRESSEAVISEN AS.

At a glance

Scorecard

Revenue
529.65m NOK 533.77m NOK
+0.8%
Operating result
+46.60m NOK +59.55m NOK
+27.8%
Net result
+75.29m NOK +176.66m NOK
+134.6%
Equity
1.50bn NOK 2.26bn NOK
+50.7%
Cash
18.1k NOK 148 NOK
-99.2%
Total assets
1.77bn NOK 2.63bn NOK
+48.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 529.65m NOK to 533.77m NOK (+0.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +46.60m NOK → +59.55m NOK (op. margin 8.8% → 11.2%). Calculated

  • ↑

    Net result improved

    Net result +75.29m NOK → +176.66m NOK (net margin 14.2% → 33.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.50bn NOK → 2.26bn NOK (equity ratio 84.9% → 85.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 192.97m NOK → 192.21m NOK (36% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 18.1k NOK → 148 NOK (-99.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 74.19m NOK → 93.85m NOK (+26.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 334.19m NOK → 927.40m NOK. Reported fact