ADSIGN HOLDING AS: årsregnskap 2020 vs 2019
Weaker earnings, fresh owner capital
approved 2020-12-31; registry 2021-10-06; journal 2021 782073
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADSIGN HOLDING AS. Revenue 0 NOK → 97.7k NOK. Net result +162.8k NOK → +102.4k NOK. Equity 946.8k NOK → 2.80m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADSIGN HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 97.7k NOK. Calculated
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↑
Equity strengthened
Book equity 946.8k NOK → 2.80m NOK (equity ratio 645.0% → 41.8%). Calculated
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↑
Cash rose
Bank deposits 2 937 NOK → 23.0k NOK (+684.6% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 946.8k NOK → 6.95m NOK (+6.01m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +96.1k NOK → +65.8k NOK. Calculated
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↓
Net result weakened
Net result +162.8k NOK → +102.4k NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.70× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 201.1k NOK → 2 754 NOK. Reported fact