ADAMS INVEST AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, stronger earnings
approved 2021-08-11; registry 2021-08-19; journal 2021 631492
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADAMS INVEST AS. Revenue 529.5k NOK → 0 NOK (-100.0%). Net result -92.9k NOK → -8 998 NOK. Equity 914.8k NOK → 905.8k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAMS INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -116.2k NOK → -8 971 NOK. Calculated
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↑
Net result improved
Net result -92.9k NOK → -8 998 NOK. Calculated
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↑
Cash rose
Bank deposits 153.8k NOK → 196.5k NOK (+27.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 529.5k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Equity eroded
Book equity 914.8k NOK → 905.8k NOK (equity ratio 55.3% → 39.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.52× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 3 NOK → 70.7k NOK. Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact