ADG AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-03-25; registry 2020-04-14; journal 2020 283329
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADG AS. Equity 9.41m NOK → 11.38m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADG AS.
At a glance
Scorecard
Operating result
-42.1k NOK
-30.0k NOK
+28.8%
Net result
n/m
+1.96m NOK
—
Equity
9.41m NOK
11.38m NOK
+20.9%
Cash
2.53m NOK
239.4k NOK
-90.5%
Total assets
13.43m NOK
11.39m NOK
-15.1%
What improved
-
↑
Operating result improved
Operating result -42.1k NOK → -30.0k NOK. Calculated
-
↑
Equity strengthened
Book equity 9.41m NOK → 11.38m NOK (equity ratio 70.1% → 99.8%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 2.53m NOK → 239.4k NOK (-90.5% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.53m NOK → 239.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation