FirmaIQ
Org.nr 914 240 433 2018 → 2019 Year-over-year analysis

ADMIRALEN AS: årsregnskap 2019 vs 2018

Slipped into loss, cash halved-plus

approved 2020-05-26; registry 2020-06-18; journal 2020 456475

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADMIRALEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +6 689 NOK → -92.1k NOK. Equity 791.8k NOK → 855.6k NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIRALEN AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-12.3k NOK -120.8k NOK
-881.3%
Net result
+6 689 NOK -92.1k NOK
-1476.7%
Equity
791.8k NOK 855.6k NOK
+8.1%
Cash
141.2k NOK 7 955 NOK
-94.4%
Total assets
1.02m NOK 987.6k NOK
-2.8%

What improved

  • ↑

    Equity strengthened

    Book equity 791.8k NOK → 855.6k NOK (equity ratio 77.9% → 86.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.96× → 1.57×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -12.3k NOK → -120.8k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 6 689 NOK profit to a loss of 92.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 141.2k NOK → 7 955 NOK (-94.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 753.0k NOK → 750.7k NOK. Reported fact