FirmaIQ
Org.nr 818 357 222 2018 → 2019 Year-over-year analysis

ADVENT HOLDING AS: årsregnskap 2019 vs 2018

Slipped into loss

approved 2020-06-25; registry 2020-07-06; journal 2020 539077

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVENT HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +8 110 NOK → -14.9k NOK. Equity 58.3k NOK → 43.4k NOK.

On the constructive side: cash rose. Pressures included: fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
n/m -15.2k NOK
—
Net result
+8 110 NOK -14.9k NOK
-283.6%
Equity
58.3k NOK 43.4k NOK
-25.5%
Cash
428.8k NOK 713.8k NOK
+66.5%
Total assets
472.8k NOK 733.8k NOK
+55.2%

What improved

  • ↑

    Cash rose

    Bank deposits 428.8k NOK → 713.8k NOK (+66.5% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 8 110 NOK profit to a loss of 14.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 58.3k NOK → 43.4k NOK (equity ratio 12.3% → 5.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation