ADAPTIV BOLIG AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-06-07; registry 2020-06-11; journal 2020 454882
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADAPTIV BOLIG AS. Revenue 794.4k NOK → 780.6k NOK (-1.7%). Net result +138.5k NOK → +210.9k NOK. Equity 755.0k NOK → 39.1k NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ADAPTIV BOLIG AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +138.5k NOK → +210.9k NOK (net margin 17.4% → 27.0%). Calculated
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↑
Cash rose
Bank deposits 38.0k NOK → 106.4k NOK (+180.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 794.4k NOK to 780.6k NOK (-1.7% YoY). Calculated
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↓
Equity eroded
Book equity 755.0k NOK → 39.1k NOK (equity ratio 9.4% → 0.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 755.0k NOK → 39.1k NOK — check capital reduction, conversion, or reclassification. Interpretation