ADDVANT PARTNER AS: årsregnskap 2020 vs 2019
Returned to profit, cash halved-plus
approved 2021-07-14; registry 2021-07-17; journal 2021 575704
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADDVANT PARTNER AS. Net result -640 NOK → +901 NOK. Equity -14.8k NOK → -15.7k 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 ADDVANT PARTNER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -640 NOK → +901 NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 640 NOK to a profit of 901 NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 156.8k NOK → 55.2k NOK (-64.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -28.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation