Org.nr 945 697 717 2018 → 2019 Year-over-year analysis

ADLERS BILFORMIDLING AS: årsregnskap 2019 vs 2018

Shrank 99% on revenue

approved 2020-08-28; registry 2020-09-12; journal 2020 795853

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADLERS BILFORMIDLING AS. Revenue 1.51m NOK → 9 813 NOK (-99.3%). Equity -27.8k NOK → -43.7k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADLERS BILFORMIDLING AS.

At a glance

Revenue

1.51m NOK 9 813 NOK

-99.3%

Net result

n/m 0 NOK

—

Equity

-27.8k NOK -43.7k NOK

-57.0%

Cash

3 107 NOK 2 598 NOK

-16.4%

Total assets

8 610 NOK 9 190 NOK

+6.7%

↑
Payroll decreased

Salary cost 4.79m NOK → 4 787 NOK (317% → 49% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.51m NOK to 9 813 NOK (-99.3% YoY). Calculated
↓
Equity eroded

Book equity -27.8k NOK → -43.7k NOK (equity ratio -323.4% → -475.7%). Calculated

·
Thin equity buffer

Equity ratio is -475.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation