AD1 INVEST AS: årsregnskap 2019 vs 2018
Shrank 79% on revenue, slipped into loss
approved 2020-08-21; registry 2020-10-26; journal 2020 961645
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AD1 INVEST AS. Revenue 1.76m NOK → 366.4k NOK (-79.2%). Net result +773.4k NOK → -216.5k NOK. Equity 736.7k NOK → 1.35m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; fell into a net loss; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AD1 INVEST AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 736.7k NOK → 1.35m NOK (equity ratio 19.0% → 26.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.76m NOK to 366.4k NOK (-79.2% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 773.4k NOK profit to a loss of 216.5k NOK. Calculated
-
↓
Cash fell
Bank deposits 504.6k NOK → 347.3k NOK (-31.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 22.09× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 892.5k NOK → 357.3k NOK. Reported fact