ADESTE AS: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
approved 2021-06-02; registry 2021-06-29; journal 2021 418951
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADESTE AS. Net result +1.45m NOK → +899.8k NOK. Equity 28.62m NOK → 28.27m NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-46.1k NOK
-90.7k NOK
-96.7%
Net result
+1.45m NOK
+899.8k NOK
-38.0%
Equity
28.62m NOK
28.27m NOK
-1.2%
Cash
413.6k NOK
77.0k NOK
-81.4%
Total assets
29.83m NOK
29.49m NOK
-1.1%
What deteriorated
-
↓
Operating result weakened
Operating result -46.1k NOK → -90.7k NOK. Calculated
-
↓
Net result weakened
Net result +1.45m NOK → +899.8k NOK. Calculated
-
↓
Equity eroded
Book equity 28.62m NOK → 28.27m NOK (equity ratio 95.9% → 95.9%). Calculated
-
↓
Cash fell
Bank deposits 413.6k NOK → 77.0k NOK (-81.4% YoY). Calculated