A1-INVEST AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-07-31; registry 2020-09-23; journal 2020 852624
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A1-INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +6 116 NOK → +11.4k NOK. Equity 713.13m NOK → 1 113 NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A1-INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +8 955 NOK → +11.7k NOK. Calculated
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↑
Net result improved
Net result +6 116 NOK → +11.4k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 713.13m NOK → 1 113 NOK (equity ratio 61569.8% → 0.2%). Calculated
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↓
Cash fell
Bank deposits 42.3k NOK → 2 360 NOK (-94.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 22.84× → 0.37× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation