ADI HOLDING AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, stronger earnings
approved 2021-06-12; registry 2021-07-01; journal 2021 434502
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADI HOLDING AS. Revenue 180 NOK → 0 NOK (-100.0%). Net result +30.6k NOK → +1.01m NOK. Equity 114.0k NOK → 86.5k NOK.
On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADI HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +30.6k NOK → +1.01m NOK. Calculated
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↑
Cash rose
Bank deposits 12 NOK → 689.8k NOK (+5748333.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.82× → 2.24×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 180 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -33.9k NOK → -187.4k NOK. Calculated
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↓
Equity eroded
Book equity 114.0k NOK → 86.5k NOK (equity ratio 37.1% → 16.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 149.0k NOK → 5 400 NOK. Reported fact