A MANAGEMENT AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-08-20; registry 2020-09-08; journal 2020 764950
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A MANAGEMENT AS. Equity 41.79m NOK → 26.25m NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A MANAGEMENT AS.
At a glance
Scorecard
Operating result
n/m
-56.5k NOK
—
Net result
n/m
-15.54m NOK
—
Equity
41.79m NOK
26.25m NOK
-37.2%
Cash
2.69m NOK
511.7k NOK
-81.0%
Total assets
87.47m NOK
94.49m NOK
+8.0%
What deteriorated
-
↓
Equity eroded
Book equity 41.79m NOK → 26.25m NOK (equity ratio 47.8% → 27.8%). Calculated
-
↓
Cash fell
Bank deposits 2.69m NOK → 511.7k NOK (-81.0% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.69m NOK → 511.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 45.27m NOK → 56.83m NOK. Reported fact