Org.nr 993 258 407 2019 → 2020 Year-over-year analysis

ADAPTED TECHNOLOGIES AS: årsregnskap 2020 vs 2019

Weaker earnings, fresh owner capital

approved 2021-08-30; registry 2021-09-23; journal 2021 785169

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADAPTED TECHNOLOGIES AS. Net result -4 960 NOK → -19.3k NOK. Equity -16.1k NOK → -36.1k NOK.

On the constructive side: owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAPTED TECHNOLOGIES AS.

At a glance

Revenue

n/m 0 NOK

—

Operating result

-4 959 NOK -19.3k NOK

-289.4%

Net result

-4 960 NOK -19.3k NOK

-289.5%

Equity

-16.1k NOK -36.1k NOK

-123.6%

Cash

57 NOK 57 NOK

0.0%

Total assets

30.1k NOK 30.0k NOK

-0.2%

↑
Owners injected capital

Paid-in equity rose 100 NOK → 1.00m NOK (+999.9k NOK). Reported fact

↓
Operating result weakened

Operating result -4 959 NOK → -19.3k NOK. Calculated
↓
Net result weakened

Net result -4 960 NOK → -19.3k NOK. Calculated
↓
Equity eroded

Book equity -16.1k NOK → -36.1k NOK (equity ratio -53.7% → -120.3%). Calculated

·
Thin equity buffer

Equity ratio is -120.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation