ADT NORWAY AS: årsregnskap 2020 vs 2019
Shrank 59% on revenue, stronger earnings
approved 2021-05-18; registry 2021-05-20; journal 2021 302354
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADT NORWAY AS. Revenue 424.3k NOK → 174.1k NOK (-59.0%). Net result -98.5k NOK → -4 661 NOK. Equity 52.4k NOK → 47.7k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -97.8k NOK → -6 023 NOK (op. margin -23.1% → -3.5%). Calculated
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↑
Net result improved
Net result -98.5k NOK → -4 661 NOK (net margin -23.2% → -2.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 424.3k NOK to 174.1k NOK (-59.0% YoY). Calculated
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↓
Equity eroded
Book equity 52.4k NOK → 47.7k NOK (equity ratio 28.2% → 70.2%). Calculated
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↓
Cash fell
Bank deposits 109.1k NOK → 65.8k NOK (-39.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 1 NOK → 133.7k NOK (0% → 77% of revenue). Calculated