Org.nr 923 177 345 2019 → 2020 Year-over-year analysis

4ADA AS: årsregnskap 2020 vs 2019

Shrank 96% on revenue

approved 2021-03-21; registry 2021-03-23; journal 2021 164504

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 4ADA AS. Revenue 611.3k NOK → 25.0k NOK (-95.9%). Equity 11.43m NOK → 10 NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4ADA AS.

At a glance

Revenue

611.3k NOK 25.0k NOK

-95.9%

Operating result

n/m +1.45m NOK

—

Net result

n/m +1.13m NOK

—

Equity

11.43m NOK 10 NOK

-100.0%

Cash

397.3k NOK 391.0k NOK

-1.6%

Total assets

703.6k NOK 791.2k NOK

+12.5%

↓
Revenue fell

Operating income / revenue moved from 611.3k NOK to 25.0k NOK (-95.9% YoY). Calculated
↓
Equity eroded

Book equity 11.43m NOK → 10 NOK (equity ratio 1625.1% → 0.0%). Calculated
↓
Cash fell

Bank deposits 397.3k NOK → 391.0k NOK (-1.6% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 2.60× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation