Org.nr 989 109 812 2018 → 2019 Year-over-year analysis

ADRIAN & CO AS: årsregnskap 2019 vs 2018

Grew 46% on revenue

approved 2020-08-31; registry 2020-09-16; journal 2020 821385

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADRIAN & CO AS. Revenue 388.3k NOK → 567.7k NOK (+46.2%). Equity 83.23m NOK → 78.36m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADRIAN & CO AS.

Scorecard

Revenue
388.3k NOK 567.7k NOK
+46.2%
Operating result
n/m -296.6k NOK
—
Net result
n/m +11.28m NOK
—
Equity
83.23m NOK 78.36m NOK
-5.9%
Cash
4.20m NOK 4.64m NOK
+10.4%
Total assets
83.67m NOK 84.45m NOK
+0.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 388.3k NOK to 567.7k NOK (+46.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 4.20m NOK → 4.64m NOK (+10.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 83.23m NOK → 78.36m NOK (equity ratio 99.5% → 92.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 373.8k NOK → 395.6k NOK (96% → 70% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 38.91m NOK → 18.80m NOK. Reported fact