ADRIAN HALLAND AS: årsregnskap 2019 vs 2018
Grew 2259933% on revenue, returned to profit
approved 2020-03-26; registry 2020-03-30; journal 2020 265369
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADRIAN HALLAND AS. Revenue 15 NOK → 339.0k NOK (+2259933.3%). Net result -26 NOK → +260.7k NOK. Equity 35.9k NOK → 296.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADRIAN HALLAND AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 15 NOK to 339.0k NOK (+2259933.3% YoY). Calculated
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Operating result improved
Operating result -49 NOK → +333.8k NOK (op. margin -326.7% → 98.5%). Calculated
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Turned profitable
Net result flipped from a loss of 26 NOK to a profit of 260.7k NOK. Calculated
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Equity strengthened
Book equity 35.9k NOK → 296.6k NOK (equity ratio 100.0% → 80.2%). Calculated
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Cash rose
Bank deposits 30.7k NOK → 369.8k NOK (+1104.3% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 35.9k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation