Org.nr 999 562 876 2019 → 2020 Year-over-year analysis

ADA INVEST AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-08-31; registry 2021-10-04; journal 2021 863990

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADA INVEST AS. Net result -74.4k NOK → +30.2k NOK. Equity 19.9k NOK → 50.0k 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 INVEST AS.

Scorecard

Operating result
-626 NOK -698 NOK
-11.5%
Net result
-74.4k NOK +30.2k NOK
+140.5%
Equity
19.9k NOK 50.0k NOK
+151.7%
Cash
7 201 NOK 56.4k NOK
+682.8%
Total assets
411.1k NOK 1.39m NOK
+239.2%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 74.4k NOK to a profit of 30.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 19.9k NOK → 50.0k NOK (equity ratio 4.8% → 3.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 7 201 NOK → 56.4k NOK (+682.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -626 NOK → -698 NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 114.0k NOK → 439.9k NOK. Reported fact