ADUNO AS: årsregnskap 2020 vs 2019
Shrank 33% on revenue, slipped into loss
approved 2021-06-28; registry 2021-06-30; journal 2021 498266
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADUNO AS. Revenue 1.72m NOK → 1.16m NOK (-32.5%). Net result +162.7k NOK → -170.6k NOK. Equity 3.39m NOK → 3.22m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADUNO AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 196.5k NOK → 466.6k NOK (+137.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.72m NOK to 1.16m NOK (-32.5% YoY). Calculated
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↓
Operating result weakened
Operating result +123.1k NOK → -67.7k NOK (op. margin 7.1% → -5.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 162.7k NOK profit to a loss of 170.6k NOK. Calculated
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↓
Equity eroded
Book equity 3.39m NOK → 3.22m NOK (equity ratio 81.2% → 56.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 5 NOK → 5.67m NOK (0% → 488% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 174.7k NOK → 115.5k NOK (-33.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 550 NOK → 4.45m NOK. Reported fact