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Org.nr 953 223 937 2019 → 2020 Year-over-year analysis

ADHOC SOFTWARE AS: årsregnskap 2020 vs 2019

Another loss-making year

approved 2021-04-14; registry 2021-04-21; journal 2021 215934

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADHOC SOFTWARE AS. Net result -18.5k NOK → -15.9k NOK. Equity 1.01m NOK → 11.00m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Operating result
-21.5k NOK -16.0k NOK
+25.4%
Net result
-18.5k NOK -15.9k NOK
+14.0%
Equity
1.01m NOK 11.00m NOK
+985.2%
Cash
37.4k NOK 31.3k NOK
-16.4%
Total assets
1.04m NOK 1.04m NOK
-0.6%

What improved

  • ↑

    Operating result improved

    Operating result -21.5k NOK → -16.0k NOK. Calculated

  • ↑

    Net result improved

    Net result -18.5k NOK → -15.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.01m NOK → 11.00m NOK (equity ratio 97.0% → 1058.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 37.4k NOK → 31.3k NOK (-16.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.43× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated