ADAPTER MEDIA AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-02-19; registry 2020-02-22; journal 2020 214319
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADAPTER MEDIA AS. Revenue 0 NOK → 0 NOK (0.0%). Equity -1 580 NOK → -18.9k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAPTER MEDIA AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
-15.6k NOK
n/m
—
Equity
-1 580 NOK
-18.9k NOK
-1095.1%
Cash
20.3k NOK
3 025 NOK
-85.1%
Total assets
20.3k NOK
3 025 NOK
-85.1%
What deteriorated
-
↓
Equity eroded
Book equity -1 580 NOK → -18.9k NOK (equity ratio -7.8% → -624.2%). Calculated
-
↓
Cash fell
Bank deposits 20.3k NOK → 3 025 NOK (-85.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -624.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation