ADDS AS: årsregnskap 2018 vs 2017
Another loss-making year
approved 2019-05-26; registry 2019-07-27; journal 2019 805204
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADDS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -10.6k NOK → -10.6k NOK. Equity -161.9k NOK → -172.5k NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Also worth watching: operating result unchanged; thin equity buffer. All figures are taken from the published annual accounts for ADDS AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 260.3k NOK → 261.3k NOK (+0.4% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -161.9k NOK → -172.5k NOK (equity ratio -62.2% → -66.0%). Calculated
Things to notice
-
·
Operating result unchanged
Operating result -10.6k NOK → -10.6k NOK. Calculated
-
·
Thin equity buffer
Equity ratio is -66.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation