Org.nr 920 714 935 2018 → 2019 Year-over-year analysis

A. ANDERZÉN AS: årsregnskap 2019 vs 2018

Stronger earnings, cash halved-plus

approved 2020-03-31; registry 2020-04-06; journal 2020 279327

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A. ANDERZÉN AS. Net result -22.0k NOK → -4 393 NOK. Equity 8 038 NOK → 3 645 NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

n/m 0 NOK

—

Operating result

-22.0k NOK -4 402 NOK

+80.0%

Net result

-22.0k NOK -4 393 NOK

+80.0%

Equity

8 038 NOK 3 645 NOK

-54.7%

Cash

8 038 NOK 795 NOK

-90.1%

Total assets

8 038 NOK 42.6k NOK

+430.2%

↑
Operating result improved

Operating result -22.0k NOK → -4 402 NOK. Calculated
↑
Net result improved

Net result -22.0k NOK → -4 393 NOK. Calculated

↓
Equity eroded

Book equity 8 038 NOK → 3 645 NOK (equity ratio 100.0% → 8.6%). Calculated
↓
Cash fell

Bank deposits 8 038 NOK → 795 NOK (-90.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation