FirmaIQ
Org.nr 991 504 338 2018 → 2019 Year-over-year analysis

ADS EIENDOM AS: årsregnskap 2019 vs 2018

Shrank 17% on revenue, stronger earnings

approved 2020-09-10; registry 2020-09-26; journal 2020 859097

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADS EIENDOM AS. Revenue 2.09m NOK → 1.74m NOK (-17.0%). Net result +146.1k NOK → +217.27bn NOK. Equity 2.98m NOK → 2.57m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.09m NOK 1.74m NOK
-17.0%
Operating result
+775.5k NOK +879.4k NOK
+13.4%
Net result
+146.1k NOK +217.27bn NOK
+148729831.7%
Equity
2.98m NOK 2.57m NOK
-14.0%
Cash
93.2k NOK 180.5k NOK
+93.7%
Total assets
18.80m NOK 17.98m NOK
-4.3%

What improved

  • ↑

    Operating result improved

    Operating result +775.5k NOK → +879.4k NOK (op. margin 37.1% → 50.7%). Calculated

  • ↑

    Net result improved

    Net result +146.1k NOK → +217.27bn NOK (net margin 7.0% → 12516354.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 93.2k NOK → 180.5k NOK (+93.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.23m NOK → -19.4k NOK (107% → -1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.09m NOK to 1.74m NOK (-17.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2.98m NOK → 2.57m NOK (equity ratio 15.9% → 14.3%). Calculated