ADA HOLDING AS: årsregnskap 2019 vs 2018
Weaker earnings, cash halved-plus, fresh owner capital
approved 2020-03-12; registry 2020-05-13; journal 2020 350622
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADA HOLDING AS. Net result -60.1k NOK → -135.3k NOK. Equity 408.2k NOK → 272.8k NOK.
On the constructive side: owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADA HOLDING AS.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 480 NOK → 480.0k NOK (+479.5k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -44.6k NOK → -58.3k NOK. Calculated
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↓
Net result weakened
Net result -60.1k NOK → -135.3k NOK. Calculated
-
↓
Equity eroded
Book equity 408.2k NOK → 272.8k NOK (equity ratio 16.5% → 5.6%). Calculated
-
↓
Cash fell
Bank deposits 1 874 NOK → 46 NOK (-97.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 2 447 NOK → 4.78m NOK. Reported fact