A & A TEKER INVESTOR AS: årsregnskap 2019 vs 2018
Weaker earnings, cash halved-plus
approved 2020-03-24; registry 2020-04-02; journal 2020 270655
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A & A TEKER INVESTOR AS. Net result -10.6k NOK → -25.8k NOK. Equity -2 602 NOK → -28.5k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A & A TEKER INVESTOR AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -10.6k NOK → -16.7k NOK. Calculated
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↓
Net result weakened
Net result -10.6k NOK → -25.8k NOK. Calculated
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↓
Equity eroded
Book equity -2 602 NOK → -28.5k NOK (equity ratio -0.6% → -6.9%). Calculated
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↓
Cash fell
Bank deposits 4 200 NOK → 939 NOK (-77.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.11× → 0.07× — 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 -6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation