ADA INVEST AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-06-28; registry 2020-07-18; journal 2020 603551
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADA INVEST AS. Equity 94.3k NOK → 19.9k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADA INVEST AS.
At a glance
Scorecard
Operating result
n/m
-626 NOK
—
Net result
n/m
-74.4k NOK
—
Equity
94.3k NOK
19.9k NOK
-78.9%
Cash
51.1k NOK
7 201 NOK
-85.9%
Total assets
476.5k NOK
411.1k NOK
-13.7%
What deteriorated
-
↓
Equity eroded
Book equity 94.3k NOK → 19.9k NOK (equity ratio 19.8% → 4.8%). Calculated
-
↓
Cash fell
Bank deposits 51.1k NOK → 7 201 NOK (-85.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation