ADMINI EP AS: årsregnskap 2019 vs 2018
Slipped into loss, fresh owner capital
approved 2020-06-15; registry 2020-09-23; journal 2020 852514
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADMINI EP AS. Revenue 0 NOK → 169.0k NOK. Net result +1 NOK → -437.5k NOK. Equity 30.0k NOK → -218.0k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADMINI EP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 169.0k NOK. Calculated
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↑
Cash rose
Bank deposits 30.0k NOK → 55.0k NOK (+83.4% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 176.7k NOK (+146.7k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result 0 NOK → -133.1k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 1 NOK profit to a loss of 437.5k NOK. Calculated
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↓
Equity eroded
Book equity 30.0k NOK → -218.0k NOK (equity ratio 100.0% → -2.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation