ADOKS AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-06-20; registry 2020-10-03; journal 2020 889034
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADOKS AS. Net result -1.47m NOK → -1.64m NOK. Equity -4.82m NOK → -6.46m NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADOKS AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -23.5k NOK → -706.1k NOK. Calculated
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↓
Net result weakened
Net result -1.47m NOK → -1.64m NOK. Calculated
-
↓
Equity eroded
Book equity -4.82m NOK → -6.46m NOK (equity ratio -74.1% → -120.5%). Calculated
-
↓
Cash fell
Bank deposits 81.5k NOK → 58.0k NOK (-28.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -120.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 4.02m NOK → 3.52m NOK. Reported fact