A.Y INVEST AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-08-31; registry 2020-09-17; journal 2020 825481
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.Y INVEST AS. Net result -4 295 NOK → -2 501 NOK. Equity 9 779 NOK → 7 278 NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.Y INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -5 342 NOK → -3 207 NOK. Calculated
-
↑
Net result improved
Net result -4 295 NOK → -2 501 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 9 779 NOK → 7 278 NOK (equity ratio 0.1% → 0.1%). Calculated
-
↓
Cash fell
Bank deposits 12.9k NOK → 9 646 NOK (-25.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation