Org.nr 914 120 691 2018 → 2019 Year-over-year analysis

ADENAU AS: årsregnskap 2019 vs 2018

Shrank 9% on revenue, cash halved-plus

approved 2020-06-30; registry 2020-07-09; journal 2020 571437

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADENAU AS. Revenue 111.4k NOK → 101.5k NOK (-8.9%). Equity 59.1k NOK → 27.6k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ADENAU AS.

At a glance

Revenue

111.4k NOK 101.5k NOK

-8.9%

Operating result

n/m -31.5k NOK

—

Net result

n/m -31.4k NOK

—

Equity

59.1k NOK 27.6k NOK

-53.2%

Cash

4.32m NOK 14.4k NOK

-99.7%

Total assets

443.6k NOK 29.6k NOK

-93.3%

↓
Revenue fell

Operating income / revenue moved from 111.4k NOK to 101.5k NOK (-8.9% YoY). Calculated
↓
Equity eroded

Book equity 59.1k NOK → 27.6k NOK (equity ratio 13.3% → 93.3%). Calculated
↓
Cash fell

Bank deposits 4.32m NOK → 14.4k NOK (-99.7% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (4.32m NOK → 14.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS fell

COGS / varekostnad 1.04m NOK → 112.0k NOK (-89.2% YoY). Calculated