Org.nr 889 199 822 2018 → 2019 Year-over-year analysis

A. J. A. INVEST: årsregnskap 2019 vs 2018

Slipped into loss

approved 2020-08-31; registry 2020-09-14; journal 2020 805841

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A. J. A. INVEST. Net result +652.1k NOK → -6.51m NOK. Equity 3.80m NOK → -148.0k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

At a glance

Revenue

1.50m NOK n/m

—

Operating result

+1.46m NOK -1.33m NOK

-190.8%

Net result

+652.1k NOK -6.51m NOK

-1098.5%

Equity

3.80m NOK -148.0k NOK

-103.9%

Cash

1 172 NOK 1 181 NOK

+0.8%

Total assets

8.32m NOK 6.52m NOK

-21.6%

↓
Operating result weakened

Operating result +1.46m NOK → -1.33m NOK. Calculated
↓
Fell into a net loss

Net result flipped from 652.1k NOK profit to a loss of 6.51m NOK. Calculated
↓
Equity eroded

Book equity 3.80m NOK → -148.0k NOK (equity ratio 45.7% → -2.3%). Calculated

·
Thin equity buffer

Equity ratio is -2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 4.33m NOK → 4.97m NOK. Reported fact