Org.nr 915 433 138 2018 → 2019 Year-over-year analysis

ADVENTIS AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-08-28; registry 2020-09-12; journal 2020 798595

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVENTIS AS. Revenue 1.21m NOK → 1.16m NOK (-3.7%). Equity 10.11m NOK → 10 NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

1.21m NOK 1.16m NOK

-3.7%

Operating result

n/m -56.9k NOK

—

Net result

n/m -62.2k NOK

—

Equity

10.11m NOK 10 NOK

-100.0%

Cash

186.8k NOK 171.4k NOK

-8.3%

Total assets

338.1k NOK 296.2k NOK

-12.4%

↓
Revenue fell

Operating income / revenue moved from 1.21m NOK to 1.16m NOK (-3.7% YoY). Calculated
↓
Equity eroded

Book equity 10.11m NOK → 10 NOK (equity ratio 2991.2% → 0.0%). Calculated
↓
Cash fell

Bank deposits 186.8k NOK → 171.4k NOK (-8.3% YoY). Calculated
↓
COGS moved

COGS / varekostnad 160 NOK → 960.0k NOK (+599900.0% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation