Org.nr 912 510 093 2018 → 2019 Year-over-year analysis

A. VENÅS HOLDING AS: årsregnskap 2019 vs 2018

Slipped into loss, cash halved-plus

approved 2020-08-10; registry 2020-09-26; journal 2020 858911

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for A. VENÅS HOLDING AS. Net result +1.31m NOK → -79.0k NOK. Equity 569.8k NOK → 1.49m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: fell into a net loss; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. VENÅS HOLDING AS.

Scorecard

Operating result
-19.3k NOK -10.0k NOK
+48.1%
Net result
+1.31m NOK -79.0k NOK
-106.0%
Equity
569.8k NOK 1.49m NOK
+161.6%
Cash
233.0k NOK 13.2k NOK
-94.3%
Total assets
985.3k NOK 1.96m NOK
+98.6%

What improved

  • ↑

    Operating result improved

    Operating result -19.3k NOK → -10.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 569.8k NOK → 1.49m NOK (equity ratio 57.8% → 76.2%). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 1.31m NOK profit to a loss of 79.0k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 233.0k NOK → 13.2k NOK (-94.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5 NOK → 1.92m NOK. Reported fact