Org.nr 921 352 441 2018 → 2019 Year-over-year analysis

ADSOME AS: årsregnskap 2019 vs 2018

Grew 279% on revenue, returned to profit

approved 2019-12-31; registry 2020-10-07; journal 2020 924096

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADSOME AS. Revenue 410 NOK → 1 552 NOK (+278.5%). Net result -22.4k NOK → +3 306 NOK.

On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
410 NOK 1 552 NOK
+278.5%
Operating result
n/m +5 362 NOK
—
Net result
-22.4k NOK +3 306 NOK
+114.8%
Equity
7 638 NOK n/m
—
Cash
13.6k NOK 60.2k NOK
+341.2%
Total assets
13.6k NOK 201.9k NOK
+1380.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 410 NOK to 1 552 NOK (+278.5% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 22.4k NOK to a profit of 3 306 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 13.6k NOK → 60.2k NOK (+341.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 22.4k NOK → 2 NOK (5455% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.27× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated