Org.nr 916 977 565 2018 → 2019 Year-over-year analysis

ADNUNTIUS AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-05-15; registry 2020-07-28; journal 2020 615251

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADNUNTIUS AS. Revenue 11.23m NOK → 10.95m NOK (-2.6%). Equity -1.44m NOK → 8.46m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADNUNTIUS AS.

At a glance

Revenue

11.23m NOK 10.95m NOK

-2.6%

Operating result

-4.69m NOK -1.42m NOK

+69.7%

Net result

n/m -1.94m NOK

—

Equity

-1.44m NOK 8.46m NOK

+686.1%

Cash

359.4k NOK 468.5k NOK

+30.4%

Total assets

11.27m NOK 18.78m NOK

+66.6%

↑
Operating result improved

Operating result -4.69m NOK → -1.42m NOK (op. margin -41.7% → -12.9%). Calculated
↑
Equity strengthened

Book equity -1.44m NOK → 8.46m NOK (equity ratio -12.8% → 45.1%). Calculated
↑
Cash rose

Bank deposits 359.4k NOK → 468.5k NOK (+30.4% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.08× → 2.87×. Calculated
↑
Owners injected capital

Paid-in equity rose 19.33m NOK → 23.18m NOK (+3.85m NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 11.23m NOK to 10.95m NOK (-2.6% YoY). Calculated