FirmaIQ
Org.nr 918 318 550 2018 → 2019 Year-over-year analysis

ADRIAN-HOLDING AS: årsregnskap 2019 vs 2018

Stronger earnings, cash halved-plus

approved 2020-03-13; registry 2020-08-06; journal 2020 656888

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADRIAN-HOLDING AS. Revenue 0 NOK → 400.0k NOK. Net result +19.8k NOK → +310.4k NOK. Equity 6 862 NOK → 311 NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADRIAN-HOLDING AS.

At a glance

Scorecard

Revenue
0 NOK 400.0k NOK
—
Operating result
-13.8k NOK +386.8k NOK
+2901.0%
Net result
+19.8k NOK +310.4k NOK
+1471.1%
Equity
6 862 NOK 311 NOK
-95.5%
Cash
16.2k NOK 3 005 NOK
-81.5%
Total assets
66.2k NOK 559.3k NOK
+744.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 400.0k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -13.8k NOK → +386.8k NOK. Calculated

  • ↑

    Net result improved

    Net result +19.8k NOK → +310.4k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6 862 NOK → 311 NOK (equity ratio 10.4% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 16.2k NOK → 3 005 NOK (-81.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation