ADM BYGG OG EIENDOM AS: årsregnskap 2020 vs 2019
Returned to profit, cash halved-plus
approved 2021-07-10; registry 2021-08-11; journal 2021 603738
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADM BYGG OG EIENDOM AS. Revenue 0 NOK → 167.9k NOK. Net result -318.4k NOK → +7 310 NOK. Equity -298.9k NOK → -291.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADM BYGG OG EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 167.9k NOK. Calculated
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↑
Operating result improved
Operating result -397.5k NOK → +80.5k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 318.4k NOK to a profit of 7 310 NOK. Calculated
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↑
Equity strengthened
Book equity -298.9k NOK → -291.6k NOK (equity ratio -37.3% → -65.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 109.6k NOK → 3 624 NOK (-96.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -65.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation