A-PERSONELL CONNECT AS: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
approved 2021-06-14; registry 2021-06-16; journal 2021 431536
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A-PERSONELL CONNECT AS. Net result -1 429 NOK → -47.5k NOK. Equity 41.3k NOK → -6 185 NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-PERSONELL CONNECT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -872.3k NOK → -47.0k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result -1 429 NOK → -47.5k NOK. Calculated
-
↓
Equity eroded
Book equity 41.3k NOK → -6 185 NOK (equity ratio 53.1% → -20.4%). Calculated
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↓
Cash fell
Bank deposits 77.8k NOK → 30.3k NOK (-61.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.13× → 0.83× — 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 -20.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation