A SPORTS AS: årsregnskap 2019 vs 2018
Returned to profit
approved 2020-05-07; registry 2020-05-27; journal 2020 369983
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A SPORTS AS. Revenue 0 NOK → 12.34m NOK. Net result -5 554 NOK → +9.64m NOK. Equity 94.4k NOK → 9.74m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 12.34m NOK. Calculated
-
↑
Operating result improved
Operating result -5 570 NOK → +12.30m NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 5 554 NOK to a profit of 9.64m NOK. Calculated
-
↑
Equity strengthened
Book equity 94.4k NOK → 9.74m NOK (equity ratio 94.4% → 78369.8%). Calculated
-
↑
Cash rose
Bank deposits 100.0k NOK → 635.3k NOK (+535.2% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 17.96× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated