ADJUVO EIENDOM AS: årsregnskap 2019 vs 2018
Slipped into loss, cash halved-plus
approved 2020-09-22; registry 2020-10-03; journal 2020 897691
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADJUVO EIENDOM AS. Revenue 0 NOK → 100.4k NOK. Net result +285.6k NOK → -432.8k NOK. Equity 746.9k NOK → 453.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADJUVO EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 100.4k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -295.9k NOK → -425.8k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 285.6k NOK profit to a loss of 432.8k NOK. Calculated
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↓
Equity eroded
Book equity 746.9k NOK → 453.9k NOK (equity ratio 8.6% → 2.8%). Calculated
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↓
Cash fell
Bank deposits 990.1k NOK → 408.0k NOK (-58.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 450.0k NOK → 1 450 NOK. Reported fact