Org.nr 920 193 668 2018 → 2019 Year-over-year analysis

A. FURULUND HOLDING AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-09-29; registry 2020-10-05; journal 2020 910687

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for A. FURULUND HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -12.8k NOK → -56.0k NOK. Equity 11.7k NOK → -44.4k NOK.

Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A. FURULUND HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
n/m -12.1k NOK
—
Net result
-12.8k NOK -56.0k NOK
-338.5%
Equity
11.7k NOK -44.4k NOK
-480.7%
Cash
3 258 NOK 3 327 NOK
+2.1%
Total assets
4.20m NOK 4.22m NOK
+0.4%

What deteriorated

  • ↓

    Net result weakened

    Net result -12.8k NOK → -56.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.7k NOK → -44.4k NOK (equity ratio 0.3% → -1.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.21× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4 200 NOK → 4.20m NOK. Reported fact