ADAPTER MEDIA AS: årsregnskap 2020 vs 2019
Cash halved-plus
approved 2021-02-04; registry 2021-02-18; journal 2021 118523
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADAPTER MEDIA AS. Revenue 0 NOK → 0 NOK (0.0%). Equity -18.9k NOK → -34.2k 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
n/m
-15.3k NOK
—
Net result
n/m
-15.3k NOK
—
Equity
-18.9k NOK
-34.2k NOK
-81.1%
Cash
3 025 NOK
1 148 NOK
-62.0%
Total assets
3 025 NOK
1 148 NOK
-62.0%
What deteriorated
-
↓
Equity eroded
Book equity -18.9k NOK → -34.2k NOK (equity ratio -624.2% → -2978.8%). Calculated
-
↓
Cash fell
Bank deposits 3 025 NOK → 1 148 NOK (-62.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2978.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation