ADG HOLDING AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-04-27; registry 2020-08-15; journal 2020 672844
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADG HOLDING AS. Net result +374.4k NOK → +872.1k NOK. Equity 366.0k NOK → 11 NOK.
On the constructive side: net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADG HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +374.4k NOK → +872.1k NOK. Calculated
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↑
Cash rose
Bank deposits 272 NOK → 845.6k NOK (+310769.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -21.8k NOK → -24.9k NOK. Calculated
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↓
Equity eroded
Book equity 366.0k NOK → 11 NOK (equity ratio 98.4% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 100.0k NOK → 1.40m NOK. Reported fact