ADETA AS: årsregnskap 2019 vs 2018
Fresh owner capital
approved 2020-06-30; registry 2020-08-01; journal 2020 635821
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADETA AS. Revenue 4.82m NOK → 4.78m NOK (-1.0%). Equity 978.6k NOK → 56.2k NOK.
On the constructive side: cash rose; owners injected capital; payroll decreased. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADETA AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 932.8k NOK → 953.2k NOK (+2.2% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 21.6k NOK → 321.6k NOK (+300.0k NOK). Reported fact
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↑
Payroll decreased
Salary cost 792.1k NOK → 688.9k NOK (16% → 14% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.82m NOK to 4.78m NOK (-1.0% YoY). Calculated
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↓
Equity eroded
Book equity 978.6k NOK → 56.2k NOK (equity ratio 47.4% → 2.5%). Calculated
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↓
COGS moved
COGS / varekostnad 3.18m NOK → 3.44m NOK (+8.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation