ADACC INVEST AS: årsregnskap 2019 vs 2018
Shrank 16% on revenue, slipped into loss
approved 2020-08-25; registry 2020-09-26; journal 2020 864997
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADACC INVEST AS. Revenue 39.0k NOK → 32.7k NOK (-16.3%). Net result +19.7k NOK → -6 617 NOK. Equity 2.85m NOK → 2.85m NOK.
On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADACC INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +28.0k NOK → +30.8k NOK (op. margin 71.6% → 94.3%). Calculated
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↑
Cash rose
Bank deposits 197 NOK → 38.7k NOK (+19561.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.19× → 3.48×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 39.0k NOK to 32.7k NOK (-16.3% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 19.7k NOK profit to a loss of 6 617 NOK. Calculated
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↓
Equity eroded
Book equity 2.85m NOK → 2.85m NOK (equity ratio 30.2% → 29.9%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 9.28m NOK → 9.32m NOK. Reported fact