Org.nr 912 943 194 2018 → 2019 Year-over-year analysis

A. IDSØE HOLDING AS: årsregnskap 2019 vs 2018

Stronger earnings, cash halved-plus

approved 2020-06-05; registry 2020-10-12; journal 2020 923388

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A. IDSØE HOLDING AS. Net result +6.51m NOK → +9.83m NOK. Equity 61.68m NOK → 40.67m NOK.

On the constructive side: net result improved; current ratio back above 1×. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for A. IDSØE HOLDING AS.

At a glance

Revenue

227.93m NOK n/m

—

Operating result

n/m -133.1k NOK

—

Net result

+6.51m NOK +9.83m NOK

+50.9%

Equity

61.68m NOK 40.67m NOK

-34.1%

Cash

1.30m NOK 35.4k NOK

-97.3%

Total assets

72.32m NOK 41.67m NOK

-42.4%

↓
Equity eroded

Book equity 61.68m NOK → 40.67m NOK (equity ratio 85.3% → 97.6%). Calculated
↓
Cash fell

Bank deposits 1.30m NOK → 35.4k NOK (-97.3% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.30m NOK → 35.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Paid-in equity reduced

Paid-in equity fell 38.59m NOK → 19.29m NOK — check capital reduction, conversion, or reclassification. Interpretation