A&S HOLDING AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-06-09; registry 2020-06-18; journal 2020 456061
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A&S HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 4 366 NOK → -11.7k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A&S HOLDING AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
n/m
-4 378 NOK
—
Net result
n/m
-16.1k NOK
—
Equity
4 366 NOK
-11.7k NOK
-367.6%
Cash
16.6k NOK
12.3k NOK
-26.3%
Total assets
796.6k NOK
792.3k NOK
-0.5%
What deteriorated
-
↓
Equity eroded
Book equity 4 366 NOK → -11.7k NOK (equity ratio 0.5% → -1.5%). Calculated
-
↓
Cash fell
Bank deposits 16.6k NOK → 12.3k NOK (-26.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation