ADDS AS: årsregnskap 2020 vs 2019
Returned to profit, cash halved-plus
approved 2021-08-24; registry 2021-09-23; journal 2021 785957
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADDS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -11.0k NOK → 0 NOK. Equity -183.5k NOK → -183.5k NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADDS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -11.0k NOK → 0 NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 11.0k NOK to a profit of 0 NOK. Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 1 261 NOK → 1 NOK (-99.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -18351000.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation