ADWAY AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-06-28; registry 2021-08-09; journal 2021 593233
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADWAY AS. Revenue 0 NOK → 138.9k NOK. Net result -578.1k NOK → -1.32m NOK. Equity -548.1k NOK → -1.87m NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 138.9k NOK. Calculated
-
↑
Cash rose
Bank deposits 7 114 NOK → 148.9k NOK (+1993.4% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.06× → 1.21×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +578.0k NOK → -1.32m NOK. Calculated
-
↓
Net result weakened
Net result -578.1k NOK → -1.32m NOK. Calculated
-
↓
Equity eroded
Book equity -548.1k NOK → -1.87m NOK (equity ratio -7705.0% → -628.9%). Calculated