ADOON AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2019-11-22; registry 2020-02-03; journal 2020 206049
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADOON AS. Equity 42.42m NOK → 42.41m NOK.
Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADOON AS.
At a glance
Scorecard
Revenue
0 NOK
n/m
—
Equity
42.42m NOK
42.41m NOK
-0.0%
Cash
22.1k NOK
10.8k NOK
-51.0%
Total assets
42.45m NOK
42.43m NOK
-0.0%
What deteriorated
-
↓
Equity eroded
Book equity 42.42m NOK → 42.41m NOK (equity ratio 99.9% → 99.9%). Calculated
-
↓
Cash fell
Bank deposits 22.1k NOK → 10.8k NOK (-51.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 42.42m NOK → 42.41m NOK — check capital reduction, conversion, or reclassification. Interpretation