ADSOME AS: årsregnskap 2020 vs 2019
Grew 125324% on revenue, stronger earnings, cash halved-plus
approved 2020-12-31; registry 2021-07-05; journal 2021 450511
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADSOME AS. Revenue 1 552 NOK → 1.95m NOK (+125324.3%). Net result +3 306 NOK → +67.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADSOME AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 552 NOK to 1.95m NOK (+125324.3% YoY). Calculated
-
↑
Operating result improved
Operating result +5 362 NOK → +100.0k NOK (op. margin 345.5% → 5.1%). Calculated
-
↑
Net result improved
Net result +3 306 NOK → +67.7k NOK (net margin 213.0% → 3.5%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.89× → 1.08×. Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 60.2k NOK → 21.9k NOK (-63.7% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 984.4k NOK → 767.5k NOK (-22.0% YoY). Calculated