ADIA INVEST AS: årsregnskap 2018 vs 2017
Returned to profit
approved 2019-05-15; registry 2019-06-08; journal 2019 394184
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADIA INVEST AS. Net result -37.0k NOK → +1.20m NOK. Equity 90.50m NOK → 91.71m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADIA INVEST AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 37.0k NOK to a profit of 1.20m NOK. Calculated
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↑
Equity strengthened
Book equity 90.50m NOK → 91.71m NOK (equity ratio 97.3% → 100.0%). Calculated
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↑
Cash rose
Bank deposits 883.1k NOK → 2.47m NOK (+179.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.11× → 325.01×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -10.6k NOK → -15.0k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 87.8k NOK → 87.75m NOK. Reported fact