A RØSSTAD HOLDING AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-08-24; registry 2020-08-31; journal 2020 719067
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A RØSSTAD HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +2 034 NOK → +8 616 NOK. Equity 22.7k NOK → 14.1k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A RØSSTAD HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +28 NOK → +9 355 NOK. Calculated
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↑
Net result improved
Net result +2 034 NOK → +8 616 NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 22.7k NOK → 14.1k NOK (equity ratio 7.9% → 2.3%). Calculated
-
↓
Cash fell
Bank deposits 180.7k NOK → 106.2k NOK (-41.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 106.0k NOK → 615 NOK. Reported fact