ADDENDUM AS: årsregnskap 2020 vs 2019
Slipped into loss
approved 2021-08-31; registry 2021-09-20; journal 2021 720794
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADDENDUM AS. Net result +25.5k NOK → -1.91m NOK. Equity 3.01m NOK → 1.10m NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADDENDUM AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 645.6k NOK → 665.0k NOK (+3.0% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -26.9k NOK → -355.4k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 25.5k NOK profit to a loss of 1.91m NOK. Calculated
-
↓
Equity eroded
Book equity 3.01m NOK → 1.10m NOK (equity ratio 99.4% → 97.1%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.94m NOK → 388.3k NOK. Reported fact