ADDITECH AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-04-06; registry 2020-06-11; journal 2020 422864
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADDITECH AS. Equity 30.0k NOK → 25.8k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADDITECH AS.
At a glance
Scorecard
Revenue
n/m
91 NOK
—
Operating result
0 NOK
-5 445 NOK
—
Net result
n/m
-4 167 NOK
—
Equity
30.0k NOK
25.8k NOK
-13.9%
Cash
30.0k NOK
7.12m NOK
+23646.5%
Total assets
30.0k NOK
7.28m NOK
+24150.4%
What improved
-
↑
Cash rose
Bank deposits 30.0k NOK → 7.12m NOK (+23646.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result 0 NOK → -5 445 NOK. Calculated
-
↓
Equity eroded
Book equity 30.0k NOK → 25.8k NOK (equity ratio 100.0% → 0.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation