ADRASTEIA HOLDING AS: årsregnskap 2019 vs 2018
Shrank 22% on revenue, cash halved-plus
approved 2020-10-01; registry 2020-10-14; journal 2020 941810
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADRASTEIA HOLDING AS. Revenue 404.2k NOK → 313.9k NOK (-22.3%). Equity 6.79m NOK → 5.78m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRASTEIA HOLDING AS.
At a glance
Scorecard
Revenue
404.2k NOK
313.9k NOK
-22.3%
Operating result
n/m
-228.0k NOK
—
Net result
n/m
-1.01m NOK
—
Equity
6.79m NOK
5.78m NOK
-14.9%
Cash
508.3k NOK
169.4k NOK
-66.7%
Total assets
22.44m NOK
22.26m NOK
-0.8%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 404.2k NOK to 313.9k NOK (-22.3% YoY). Calculated
-
↓
Equity eroded
Book equity 6.79m NOK → 5.78m NOK (equity ratio 30.3% → 26.0%). Calculated
-
↓
Cash fell
Bank deposits 508.3k NOK → 169.4k NOK (-66.7% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 8 411 NOK → 8 NOK. Reported fact