ADB TJENESTER AS: årsregnskap 2019 vs 2018
Shrank 24% on revenue, stronger earnings
approved 2020-06-30; registry 2020-09-30; journal 2020 886696
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADB TJENESTER AS. Revenue 24.1k NOK → 18.2k NOK (-24.4%). Net result -59.4k NOK → -12.7k NOK. Equity -113.0k NOK → -125.7k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADB TJENESTER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -59.4k NOK → -12.7k NOK (op. margin -246.7% → -69.9%). Calculated
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↑
Net result improved
Net result -59.4k NOK → -12.7k NOK (net margin -246.8% → -69.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 24.1k NOK to 18.2k NOK (-24.4% YoY). Calculated
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↓
Equity eroded
Book equity -113.0k NOK → -125.7k NOK (equity ratio -307.1% → -431.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -431.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation