ADAMS INVEST AS: årsregnskap 2019 vs 2018
Slipped into loss
approved 2020-08-31; registry 2020-10-20; journal 2020 956209
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADAMS INVEST AS. Revenue 529.5k NOK → 529.5k NOK (0.0%). Net result +351.0k NOK → -92.9k NOK. Equity 7 696 NOK → 914.8k NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAMS INVEST AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 7 696 NOK → 914.8k NOK (equity ratio 1.4% → 55.3%). Calculated
-
↑
Cash rose
Bank deposits 51.6k NOK → 153.8k NOK (+198.3% YoY). Calculated
-
↑
Payroll decreased
Salary cost 70.7k NOK → 3 NOK (13% → 0% of revenue). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 351.0k NOK profit to a loss of 92.9k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 500.0k NOK → 798.5k NOK. Reported fact