A&M HOLDINGS AS: årsregnskap 2018 vs 2017
Weaker earnings, cash halved-plus
approved 2019-08-12; registry 2019-08-14; journal 2019 922960
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A&M HOLDINGS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +784.3k NOK → +172.9k NOK. Equity 730.4k NOK → 3 218 NOK.
Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A&M HOLDINGS AS.
At a glance
Scorecard
What deteriorated
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Net result weakened
Net result +784.3k NOK → +172.9k NOK. Calculated
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↓
Equity eroded
Book equity 730.4k NOK → 3 218 NOK (equity ratio 81.4% → 0.3%). Calculated
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↓
Cash fell
Bank deposits 604.1k NOK → 9 364 NOK (-98.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.49× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 148.9k NOK → 89.0k NOK. Reported fact