A. ØSTVAAG AS: årsregnskap 2019 vs 2018
Slipped into loss
approved 2020-07-10; registry 2020-08-05; journal 2020 652659
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A. ØSTVAAG AS. Net result +57.5k NOK → -37.2k NOK. Equity 13.39m NOK → 14.15m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; fell into a net loss; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-5 238 NOK
-51.4k NOK
-880.5%
Net result
+57.5k NOK
-37.2k NOK
-164.8%
Equity
13.39m NOK
14.15m NOK
+5.6%
Cash
4.23m NOK
2.54m NOK
-39.8%
Total assets
13.39m NOK
14.17m NOK
+5.8%
What improved
-
↑
Equity strengthened
Book equity 13.39m NOK → 14.15m NOK (equity ratio 100.0% → 99.9%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -5 238 NOK → -51.4k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 57.5k NOK profit to a loss of 37.2k NOK. Calculated
-
↓
Cash fell
Bank deposits 4.23m NOK → 2.54m NOK (-39.8% YoY). Calculated