A & G BYGG OG EIENDOM AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-06-25; registry 2021-06-30; journal 2021 500174
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A & G BYGG OG EIENDOM AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -71.7k NOK → -43.3k NOK. Equity 77.0k NOK → 33.8k 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 & G BYGG OG EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -32.6k NOK → -10 NOK. Calculated
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↑
Net result improved
Net result -71.7k NOK → -43.3k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 77.0k NOK → 33.8k NOK (equity ratio 9.5% → 3.9%). Calculated
-
↓
Cash fell
Bank deposits 60.1k NOK → 8 417 NOK (-86.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation