Org.nr 922 626 111 2019 → 2020 Year-over-year analysis

ADSIGN IDEUTVIKLING AS: årsregnskap 2020 vs 2019

Grew 114691% on revenue, fresh owner capital

approved 2020-12-31; registry 2021-10-06; journal 2021 781939

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADSIGN IDEUTVIKLING AS. Revenue 10.5k NOK → 12.08m NOK (+114691.3%). Net result +248.1k NOK → +267.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Revenue

10.5k NOK 12.08m NOK

+114691.3%

Operating result

+15.3k NOK +1.60m NOK

+10373.2%

Net result

+248.1k NOK +267.0k NOK

+7.6%

Equity

n/m 4.18m NOK

—

Cash

1 139 NOK 2.29m NOK

+200891.1%

Total assets

9.34m NOK 6.00m NOK

-35.7%

↑
Revenue rose

Operating income / revenue moved from 10.5k NOK to 12.08m NOK (+114691.3% YoY). Calculated
↑
Operating result improved

Operating result +15.3k NOK → +1.60m NOK (op. margin 145.3% → 13.3%). Calculated
↑
Net result improved

Net result +248.1k NOK → +267.0k NOK (net margin 2357.9% → 2.2%). Calculated
↑
Cash rose

Bank deposits 1 139 NOK → 2.29m NOK (+200891.1% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 2 940 NOK → 4.14m NOK (+4.14m NOK). Reported fact

·
COGS moved

COGS / varekostnad 4 995 NOK → 4.66m NOK (+93226.6% YoY). Calculated
·
Book investments changed

Investment / intangible book value 18 NOK → 2 918 NOK. Reported fact