ADCO INVEST AS: årsregnskap 2019 vs 2018
Mixed movements in the accounts
approved 2020-08-31; registry 2020-11-19; journal 2020 969621
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADCO INVEST AS. Equity 23.0k NOK → 9 971 NOK.
Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADCO INVEST AS.
At a glance
Scorecard
Operating result
n/m
-13.0k NOK
—
Equity
23.0k NOK
9 971 NOK
-56.6%
Cash
n/m
71 NOK
—
Total assets
39.9k NOK
291.9k NOK
+631.5%
What deteriorated
-
↓
Equity eroded
Book equity 23.0k NOK → 9 971 NOK (equity ratio 57.6% → 3.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 39.9k NOK → 69.9k NOK. Reported fact