ADMIN24 AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-06-07; registry 2020-06-17; journal 2020 445648
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADMIN24 AS. Revenue 75.3k NOK → 75.3k NOK (0.0%). Equity -41.6k NOK → -58.3k NOK.
Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADMIN24 AS.
At a glance
Scorecard
Revenue
75.3k NOK
75.3k NOK
0.0%
Operating result
+6 360 NOK
-2 177 NOK
-134.2%
Net result
n/m
-16.7k NOK
—
Equity
-41.6k NOK
-58.3k NOK
-40.3%
Cash
8 835 NOK
6 662 NOK
-24.6%
Total assets
1.17m NOK
1.17m NOK
-0.2%
What deteriorated
-
↓
Operating result weakened
Operating result +6 360 NOK → -2 177 NOK (op. margin 8.5% → -2.9%). Calculated
-
↓
Equity eroded
Book equity -41.6k NOK → -58.3k NOK (equity ratio -3.5% → -5.0%). Calculated
-
↓
Cash fell
Bank deposits 8 835 NOK → 6 662 NOK (-24.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation