ADT EIENDOM AS: årsregnskap 2019 vs 2018
Grew 242% on revenue, returned to profit
approved 2020-04-01; registry 2020-04-06; journal 2020 277373
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADT EIENDOM AS. Revenue 144.0k NOK → 492.5k NOK (+242.0%). Net result -73.0k NOK → +720.0k NOK. Equity 702.0k NOK → -1.17m NOK.
On the constructive side: revenue rose; turned profitable. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADT EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 144.0k NOK to 492.5k NOK (+242.0% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 73.0k NOK to a profit of 720.0k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 702.0k NOK → -1.17m NOK (equity ratio 18.1% → -13.5%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 32.08× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -13.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation