ADESTE AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-05-11; registry 2020-07-18; journal 2020 588081
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADESTE AS. Equity 28.33m NOK → 28.62m NOK.
On the constructive side: equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADESTE AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 28.33m NOK → 28.62m NOK (equity ratio 94.5% → 95.9%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 1.13m NOK → 413.6k NOK (-63.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.13m NOK → 413.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 5.25m NOK → 5.93m NOK. Reported fact