ADIGO RENEWABLES AS: årsregnskap 2020 vs 2019
Grew 686% on revenue
approved 2021-05-31; registry 2021-06-22; journal 2021 375530
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADIGO RENEWABLES AS. Revenue 286 NOK → 2 247 NOK (+685.7%). Equity 0 NOK → -143.5k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADIGO RENEWABLES AS.
At a glance
Scorecard
Revenue
286 NOK
2 247 NOK
+685.7%
Operating result
n/m
-163.5k NOK
—
Net result
n/m
-163.5k NOK
—
Equity
0 NOK
-143.5k NOK
—
Cash
n/m
30.0k NOK
—
Total assets
0 NOK
530.0k NOK
—
What improved
-
↑
Revenue rose
Operating income / revenue moved from 286 NOK to 2 247 NOK (+685.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 0 NOK → -143.5k NOK. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -27.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation