ADENAU AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2021-07-26; registry 2021-10-05; journal 2021 874488
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADENAU AS. Revenue 101.5k NOK → 101 NOK (-99.9%). Net result -31.4k NOK → -19.2k NOK. Equity 27.6k NOK → 8 473 NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADENAU AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -31.5k NOK → -19.2k NOK (op. margin -31.0% → -18983.2%). Calculated
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↑
Net result improved
Net result -31.4k NOK → -19.2k NOK (net margin -31.0% → -18980.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 101.5k NOK to 101 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity 27.6k NOK → 8 473 NOK (equity ratio 93.3% → 43.4%). Calculated
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↓
Cash fell
Bank deposits 14.4k NOK → 4 527 NOK (-68.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 7.36× → 0.41× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 112.0k NOK → 112 NOK (-99.9% YoY). Calculated