ABADIA AS: årsregnskap 2019 vs 2018
Grew 732% on revenue, slipped into loss, cash halved-plus
approved 2020-10-02; registry 2020-10-15; journal 2020 944428
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABADIA AS. Revenue 53.6k NOK → 446.1k NOK (+732.4%). Net result +272.6k NOK → -1.28m NOK. Equity 735.4k NOK → 6 NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ABADIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 53.6k NOK to 446.1k NOK (+732.4% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 272.6k NOK profit to a loss of 1.28m NOK. Calculated
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↓
Equity eroded
Book equity 735.4k NOK → 6 NOK (equity ratio 34.3% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 296.5k NOK → 27.9k NOK (-90.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 462.7k NOK → 45.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 4 022 NOK → 2.49m NOK (8% → 559% of revenue). Calculated