Org.nr 977 270 375 2018 → 2019 Year-over-year analysis

ADFLASH AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-06-15; registry 2020-06-23; journal 2020 472182

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADFLASH AS. Revenue 0 NOK → 19.1k NOK. Net result +382.6k NOK → +1.62m NOK. Equity 3.18m NOK → 2.56m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADFLASH AS.

At a glance

Revenue

0 NOK 19.1k NOK

—

Operating result

-613.9k NOK -212.8k NOK

+65.3%

Net result

+382.6k NOK +1.62m NOK

+323.9%

Equity

3.18m NOK 2.56m NOK

-19.7%

Cash

19.0k NOK 18.9k NOK

-0.1%

Total assets

6.27m NOK 4.55m NOK

-27.5%

↑
Revenue rose

Operating income / revenue moved from 0 NOK to 19.1k NOK. Calculated
↑
Operating result improved

Operating result -613.9k NOK → -212.8k NOK. Calculated
↑
Net result improved

Net result +382.6k NOK → +1.62m NOK. Calculated
↑
Payroll decreased

Salary cost 3.44m NOK → 41.0k NOK. Calculated

↓
Equity eroded

Book equity 3.18m NOK → 2.56m NOK (equity ratio 50.8% → 56.2%). Calculated

·
Book investments changed

Investment / intangible book value 3 000 NOK → 5 NOK. Reported fact