Org.nr 996 923 630 2018 → 2019 Year-over-year analysis

A/K FITNESS AS: årsregnskap 2019 vs 2018

Weaker earnings, cash halved-plus

approved 2020-08-29; registry 2020-09-26; journal 2020 870701

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A/K FITNESS AS. Net result +6.30m NOK → +6 NOK. Equity 1.53m NOK → 1.02m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A/K FITNESS AS.

At a glance

Operating result

-8 125 NOK -14.8k NOK

-82.3%

Net result

+6.30m NOK +6 NOK

-100.0%

Equity

1.53m NOK 1.02m NOK

-33.2%

Cash

816.9k NOK 309.5k NOK

-62.1%

Total assets

1.53m NOK 1.02m NOK

-33.2%

↓
Operating result weakened

Operating result -8 125 NOK → -14.8k NOK. Calculated
↓
Net result weakened

Net result +6.30m NOK → +6 NOK. Calculated
↓
Equity eroded

Book equity 1.53m NOK → 1.02m NOK (equity ratio 99.9% → 100.0%). Calculated
↓
Cash fell

Bank deposits 816.9k NOK → 309.5k NOK (-62.1% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 700.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation