Org.nr 917 821 127 2018 → 2019 Year-over-year analysis

AD HOLDING AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-06-30; registry 2020-07-04; journal 2020 559091

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AD HOLDING AS. Equity 6 574 NOK → 3 255 NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for AD HOLDING AS.

Scorecard

Operating result
n/m -2 244 NOK
—
Net result
n/m -3 319 NOK
—
Equity
6 574 NOK 3 255 NOK
-50.5%
Cash
182 NOK 175.2k NOK
+96153.8%
Total assets
141.0k NOK 141.0k NOK
-0.0%

What improved

  • ↑

    Cash rose

    Bank deposits 182 NOK → 175.2k NOK (+96153.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 2.27×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6 574 NOK → 3 255 NOK (equity ratio 4.7% → 2.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 30.0k NOK → 24.4k NOK — check capital reduction, conversion, or reclassification. Interpretation