Org.nr 922 772 274 2019 → 2020 Year-over-year analysis

ADEN AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-06-29; registry 2021-07-01; journal 2021 512011

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +2 NOK → -7 996 NOK. Equity 18.2k NOK → 10.2k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADEN AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+6 NOK -8 000 NOK
-133433.3%
Net result
+2 NOK -7 996 NOK
-399900.0%
Equity
18.2k NOK 10.2k NOK
-43.8%
Cash
18.2k NOK 18.2k NOK
+0.0%
Total assets
118.2k NOK 118.2k NOK
+0.0%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +6 NOK → -8 000 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2 NOK profit to a loss of 7 996 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 18.2k NOK → 10.2k NOK (equity ratio 15.4% → 8.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3 100 NOK → 100.0k NOK. Reported fact