ADDBIZ AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2021-05-31; registry 2021-08-02; journal 2021 601742
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADDBIZ AS. Net result -24.7k NOK → +2.78m NOK. Equity 339.8k NOK → 3.12m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADDBIZ AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 24.7k NOK to a profit of 2.78m NOK. Calculated
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↑
Equity strengthened
Book equity 339.8k NOK → 3.12m NOK (equity ratio 14.6% → 99.2%). Calculated
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↑
Cash rose
Bank deposits 31.9k NOK → 1.10m NOK (+3358.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.04× → 53.97×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -10.1k NOK → -14.0k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.17m NOK → 1.72m NOK. Reported fact