A. HOAAS HOLDING AS: årsregnskap 2019 vs 2018
Slipped into loss
approved 2020-06-30; registry 2020-07-21; journal 2020 594930
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A. HOAAS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +3 783 NOK → -10.2k NOK. Equity 20.6k NOK → 10.5k NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. HOAAS HOLDING AS.
At a glance
Scorecard
What deteriorated
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Operating result weakened
Operating result +3 789 NOK → -10.2k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 3 783 NOK profit to a loss of 10.2k NOK. Calculated
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↓
Equity eroded
Book equity 20.6k NOK → 10.5k NOK (equity ratio 3.3% → 1.7%). Calculated
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↓
Cash fell
Bank deposits 20.6k NOK → 10.5k NOK (-49.4% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation