ADEL HOLDING AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-02-20; registry 2020-03-07; journal 2020 231865
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADEL HOLDING AS. Revenue 0 NOK → 71.1k NOK. Net result +590.8k NOK → +4 NOK. Equity 1.69m NOK → 1.33m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADEL HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 71.1k NOK. Calculated
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↑
Operating result improved
Operating result -13.4k NOK → +39.9k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +590.8k NOK → +4 NOK. Calculated
-
↓
Equity eroded
Book equity 1.69m NOK → 1.33m NOK (equity ratio 100.0% → 98.9%). Calculated
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↓
Cash fell
Bank deposits 691.2k NOK → 346.8k NOK (-49.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1 457 NOK → 1 NOK. Reported fact