ADG HOLDING AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-05-31; registry 2021-06-22; journal 2021 373364
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADG HOLDING AS. Net result +872.1k NOK → -27.9k NOK. Equity 11 NOK → 2.21m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADG HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 11 NOK → 2.21m NOK (equity ratio 0.0% → 91.5%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -24.9k NOK → -28.4k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 872.1k NOK profit to a loss of 27.9k NOK. Calculated
-
↓
Cash fell
Bank deposits 845.6k NOK → 26.2k NOK (-96.9% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 1.40m NOK → 2.39m NOK. Reported fact