Org.nr 919 968 796 2019 → 2020 Year-over-year analysis

ADA HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-06-21; registry 2021-07-15; journal 2021 492874

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADA HOLDING AS. Net result -135.3k NOK → +15.02m NOK. Equity 272.8k NOK → 287.9k NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.

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

Scorecard

Operating result
-58.3k NOK -152.9k NOK
-162.0%
Net result
-135.3k NOK +15.02m NOK
+11197.0%
Equity
272.8k NOK 287.9k NOK
+5.5%
Cash
46 NOK 1.65m NOK
+3595406.5%
Total assets
4.84m NOK 6.45m NOK
+33.4%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 135.3k NOK to a profit of 15.02m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 272.8k NOK → 287.9k NOK (equity ratio 5.6% → 4.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 46 NOK → 1.65m NOK (+3595406.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -58.3k NOK → -152.9k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.78m NOK → 4.64m NOK. Reported fact