FirmaIQ
Org.nr 921 621 507 2019 → 2020 Year-over-year analysis

ADA SOGNDAL AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-06-21; registry 2021-07-15; journal 2021 492842

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADA SOGNDAL AS. Net result -150.5k NOK → -886.9k NOK. Equity -52.0k NOK → 1.06m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADA SOGNDAL AS.

At a glance

Scorecard

Revenue
n/m 883 NOK
—
Operating result
-193.8k NOK -1.06m NOK
-447.7%
Net result
-150.5k NOK -886.9k NOK
-489.3%
Equity
-52.0k NOK 1.06m NOK
+2139.2%
Cash
17.9k NOK 45.0k NOK
+150.8%
Total assets
217.1k NOK 34.20m NOK
+15649.1%

What improved

  • ↑

    Equity strengthened

    Book equity -52.0k NOK → 1.06m NOK (equity ratio -24.0% → 3.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 17.9k NOK → 45.0k NOK (+150.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.06× → 1.11×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -193.8k NOK → -1.06m NOK. Calculated

  • ↓

    Net result weakened

    Net result -150.5k NOK → -886.9k NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 61.0k NOK — check capital reduction, conversion, or reclassification. Interpretation