ADA FLORØ AS: årsregnskap 2019 vs 2018
Slipped into loss
approved 2020-03-12; registry 2020-05-13; journal 2020 350580
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADA FLORØ AS. Net result +183.2k NOK → -127.2k NOK. Equity 316.8k NOK → -727.5k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADA FLORØ AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1 735 NOK → 706.4k NOK (+40614.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.02× → 2.02×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +28.8k NOK → -160.8k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 183.2k NOK profit to a loss of 127.2k NOK. Calculated
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↓
Equity eroded
Book equity 316.8k NOK → -727.5k NOK (equity ratio 2.6% → -3.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation