FirmaIQ
Org.nr 920 240 887 2017 → 2018 Year-over-year analysis

ADA FLORØ AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-03-14; registry 2019-06-08; journal 2019 395948

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADA FLORØ AS. Equity 515.0k NOK → 316.8k NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADA FLORØ AS.

At a glance

Scorecard

Operating result
n/m +28.8k NOK
—
Net result
n/m +183.2k NOK
—
Equity
515.0k NOK 316.8k NOK
-38.5%
Cash
515.0k NOK 1 735 NOK
-99.7%
Total assets
515.0k NOK 12.25m NOK
+2279.2%

What deteriorated

  • ↓

    Equity eroded

    Book equity 515.0k NOK → 316.8k NOK (equity ratio 100.0% → 2.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 515.0k NOK → 1 735 NOK (-99.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 515.0k NOK → 500.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 282 NOK → 12.2k NOK. Reported fact