ADVENTIO AS: årsregnskap 2020 vs 2019
Shrank 83% on revenue, weaker earnings
approved 2021-03-16; registry 2021-04-22; journal 2021 201571
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVENTIO AS. Revenue 146.9k NOK → 25.5k NOK (-82.6%). Net result +75.2k NOK → +32.3k NOK. Equity 580.8k NOK → 613.0k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVENTIO AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 580.8k NOK → 613.0k NOK (equity ratio 90.8% → 75.8%). Calculated
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↑
Cash rose
Bank deposits 117.4k NOK → 234.0k NOK (+99.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 146.9k NOK to 25.5k NOK (-82.6% YoY). Calculated
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↓
Operating result weakened
Operating result +96.7k NOK → -50.6k NOK (op. margin 65.8% → -198.5%). Calculated
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↓
Net result weakened
Net result +75.2k NOK → +32.3k NOK (net margin 51.2% → 126.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 453.3k NOK → 387.1k NOK. Reported fact