ADH INVEST AS: årsregnskap 2020 vs 2019
Returned to profit
registry 2021-08-31; journal 2021 700781
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADH INVEST AS. Net result -14.2k NOK → +8 994 NOK. Equity 15.8k NOK → 24.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADH INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -14.3k NOK → +205.1k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 14.2k NOK to a profit of 8 994 NOK. Calculated
-
↑
Equity strengthened
Book equity 15.8k NOK → 24.8k NOK (equity ratio 0.5% → 0.3%). Calculated
-
↑
Cash rose
Bank deposits 20.7k NOK → 465.7k NOK (+2147.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 63.9k NOK → 8 NOK. Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1501.03× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation