ADV INVEST AS: årsregnskap 2020 vs 2019
Cash halved-plus
approved 2021-08-29; registry 2021-09-02; journal 2021 716678
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADV INVEST AS. Net result -1 192 NOK → -8 417 NOK. Equity -2.16m NOK → -1.36m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADV INVEST AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -2.16m NOK → -1.36m NOK (equity ratio -17248.3% → -23518.0%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -1 200 NOK → -8 019 NOK. Calculated
-
↓
Net result weakened
Net result -1 192 NOK → -8 417 NOK. Calculated
-
↓
Cash fell
Bank deposits 12.5k NOK → 5 801 NOK (-53.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -23518.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation