ADD VALUE AS: årsregnskap 2019 vs 2018
Grew 15% on revenue
approved 2020-09-30; registry 2020-10-15; journal 2020 941918
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADD VALUE AS. Revenue 569.8k NOK → 656.3k NOK (+15.2%). Equity 14.83m NOK → 5.78m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADD VALUE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 569.8k NOK to 656.3k NOK (+15.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +126.5k NOK → -7.22m NOK (op. margin 22.2% → -1100.4%). Calculated
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↓
Equity eroded
Book equity 14.83m NOK → 5.78m NOK (equity ratio 80.3% → 56.0%). Calculated
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↓
Cash fell
Bank deposits 961.1k NOK → 958.3k NOK (-0.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.94× → 0.24× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 12.14m NOK → 9.20m NOK. Reported fact