ADEMI HOLDING AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-09-29; registry 2020-10-05; journal 2020 916027
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADEMI HOLDING AS. Equity -113.9k NOK → -144.4k NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADEMI HOLDING AS.
At a glance
Scorecard
Operating result
n/m
-488 NOK
—
Net result
n/m
-30.5k NOK
—
Equity
-113.9k NOK
-144.4k NOK
-26.8%
Cash
562.6k NOK
563.6k NOK
+0.2%
Total assets
30.6k NOK
564 NOK
-98.2%
What improved
-
↑
Cash rose
Bank deposits 562.6k NOK → 563.6k NOK (+0.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -113.9k NOK → -144.4k NOK (equity ratio -372.8% → -25606.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -25606.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 1 NOK → 30.0k NOK. Reported fact