ADLE AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2020-10-28; registry 2020-11-02; journal 2020 964322
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADLE AS. Revenue 730.3k NOK → 730 NOK (-99.9%). Net result -2.53m NOK → -3.13m NOK. Equity 11.00m NOK → 4.28m NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADLE AS.
At a glance
Scorecard
What improved
-
↑
Owners injected capital
Paid-in equity rose 1.00m NOK → 5.60m NOK (+4.60m NOK). Reported fact
-
↑
Payroll decreased
Salary cost 3.59m NOK → 259.6k NOK (491% → 35563% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 730.3k NOK to 730 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result -425.2k NOK → -781.3k NOK (op. margin -58.2% → -107021.4%). Calculated
-
↓
Net result weakened
Net result -2.53m NOK → -3.13m NOK (net margin -346.6% → -428301.4%). Calculated
-
↓
Equity eroded
Book equity 11.00m NOK → 4.28m NOK (equity ratio 25.0% → 11.2%). Calculated
-
↓
Cash fell
Bank deposits 461.3k NOK → 41.1k NOK (-91.1% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 14.9k NOK → 29.9k NOK. Reported fact