Org.nr 995 282 453 2018 → 2019 Year-over-year analysis

ADIK AS: årsregnskap 2019 vs 2018

Grew 22% on revenue

approved 2020-06-17; registry 2020-07-04; journal 2020 528991

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADIK AS. Revenue -385 NOK → -300 NOK (+22.1%). Equity -1.54m NOK → -1.54m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADIK AS.

Scorecard

Revenue
-385 NOK -300 NOK
+22.1%
Operating result
-33.8k NOK -35.7k NOK
-5.4%
Net result
n/m -2 012 NOK
—
Equity
-1.54m NOK -1.54m NOK
-0.1%
Cash
114.0k NOK 123.9k NOK
+8.7%
Total assets
3.82m NOK 4.75m NOK
+24.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from -385 NOK to -300 NOK (+22.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 114.0k NOK → 123.9k NOK (+8.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -33.8k NOK → -35.7k NOK (op. margin 8790.1% → 11892.0%). Calculated

  • ↓

    Equity eroded

    Book equity -1.54m NOK → -1.54m NOK (equity ratio -40.2% → -32.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 63.70× → -30.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.58m NOK → 4.47m NOK. Reported fact