A.Y INVEST AS: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
approved 2021-08-19; registry 2021-08-25; journal 2021 674624
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A.Y INVEST AS. Net result -2 501 NOK → -15.3k NOK. Equity 7 278 NOK → -8 065 NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
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 deteriorated
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↓
Operating result weakened
Operating result -3 207 NOK → -19.7k NOK. Calculated
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↓
Net result weakened
Net result -2 501 NOK → -15.3k NOK. Calculated
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↓
Equity eroded
Book equity 7 278 NOK → -8 065 NOK (equity ratio 0.1% → -0.1%). Calculated
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↓
Cash fell
Bank deposits 9 646 NOK → 2 475 NOK (-74.3% 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