AD1 INVEST AS: årsregnskap 2020 vs 2019
Grew 60% on revenue, returned to profit, cash halved-plus
approved 2021-09-29; registry 2021-10-02; journal 2021 846260
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AD1 INVEST AS. Revenue 366.4k NOK → 588.0k NOK (+60.5%). Net result -216.5k NOK → +301.1k NOK. Equity 1.35m NOK → 1.65m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: 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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↑
Revenue rose
Operating income / revenue moved from 366.4k NOK to 588.0k NOK (+60.5% YoY). Calculated
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↑
Operating result improved
Operating result -367.0k NOK → +193.3k NOK (op. margin -100.2% → 32.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 216.5k NOK to a profit of 301.1k NOK. Calculated
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↑
Equity strengthened
Book equity 1.35m NOK → 1.65m NOK (equity ratio 26.4% → 44.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 347.3k NOK → 102.3k NOK (-70.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 357.3k NOK → 1.76m NOK. Reported fact