ADI INVEST AS: årsregnskap 2019 vs 2018
Shrank 90% on revenue, weaker earnings, cash halved-plus
approved 2020-03-10; registry 2020-09-23; journal 2020 845428
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADI INVEST AS. Revenue 158.8k NOK → 16.6k NOK (-89.6%). Net result +22.7k NOK → +4 073 NOK. Equity 75.5k NOK → 79.6k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 75.5k NOK → 79.6k NOK (equity ratio 52.1% → 90.7%). Calculated
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↑
Payroll decreased
Salary cost 110.8k NOK → 1 110 NOK (70% → 7% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 158.8k NOK to 16.6k NOK (-89.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +22.9k NOK → +3 467 NOK (op. margin 14.5% → 20.9%). Calculated
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↓
Net result weakened
Net result +22.7k NOK → +4 073 NOK (net margin 14.3% → 24.6%). Calculated
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↓
Cash fell
Bank deposits 34.4k NOK → 6 505 NOK (-81.1% YoY). Calculated