AD EXTREMUM AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-06-25; registry 2020-08-10; journal 2020 663148
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AD EXTREMUM AS. Net result +1.23m NOK → +1.21m NOK. Equity 116.6k NOK → 110.0k NOK.
Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AD EXTREMUM AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -7 110 NOK → -8 739 NOK. Calculated
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↓
Equity eroded
Book equity 116.6k NOK → 110.0k NOK (equity ratio 33.5% → 8.2%). Calculated
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↓
Cash fell
Bank deposits 713.6k NOK → 701.5k NOK (-1.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.09× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation