Org.nr 991 478 000 2018 → 2019 Year-over-year analysis

ADFUNC AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-05-08; registry 2020-05-11; journal 2020 350564

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADFUNC AS. Revenue 0 NOK → 274.6k NOK. Net result +296.9k NOK → +97.4k NOK. Equity 3.58m NOK → 14.67m NOK.

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

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

At a glance

Revenue

0 NOK 274.6k NOK

—

Operating result

-289.2k NOK +31.4k NOK

+110.9%

Net result

+296.9k NOK +97.4k NOK

-67.2%

Equity

3.58m NOK 14.67m NOK

+309.8%

Cash

45.6k NOK 71.5k NOK

+56.8%

Total assets

629.6k NOK 830.3k NOK

+31.9%

↑
Revenue rose

Operating income / revenue moved from 0 NOK to 274.6k NOK. Calculated
↑
Operating result improved

Operating result -289.2k NOK → +31.4k NOK. Calculated
↑
Equity strengthened

Book equity 3.58m NOK → 14.67m NOK (equity ratio 568.8% → 1767.4%). Calculated
↑
Cash rose

Bank deposits 45.6k NOK → 71.5k NOK (+56.8% YoY). Calculated

·
Book investments changed

Investment / intangible book value 47.9k NOK → 90.0k NOK. Reported fact