Org.nr 916 177 186 2018 → 2019 Year-over-year analysis

ADREK AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, returned to profit

approved 2019-12-31; registry 2020-09-10; journal 2020 810866

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADREK AS. Revenue 147.3k NOK → 0 NOK (-100.0%). Net result -69 NOK → 0 NOK. Equity 30.0k NOK → 0 NOK.

On the constructive side: turned profitable; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADREK AS.

Scorecard

Revenue
147.3k NOK 0 NOK
-100.0%
Operating result
n/m 0 NOK
—
Net result
-69 NOK 0 NOK
+100.0%
Equity
30.0k NOK 0 NOK
-100.0%
Cash
-31.0k NOK 0 NOK
+100.0%
Total assets
117 NOK 0 NOK
-100.0%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 69 NOK to a profit of 0 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits -31.0k NOK → 0 NOK (+100.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 116.8k NOK → 0 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 147.3k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 30.0k NOK → 0 NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 30.0k NOK → 0 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 60.2k NOK → 0 NOK (-100.0% YoY). Calculated