A3T INVEST AS: årsregnskap 2019 vs 2018
Grew 38% on revenue, slipped into loss, fresh owner capital
approved 2020-04-29; registry 2020-08-22; journal 2020 698454
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A3T INVEST AS. Revenue 58.6k NOK → 80.8k NOK (+37.9%). Net result +885.7k NOK → -174.5k NOK. Equity 8.75m NOK → 8.08m NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A3T INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 58.6k NOK to 80.8k NOK (+37.9% YoY). Calculated
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Cash rose
Bank deposits 11.1k NOK → 602.6k NOK (+5320.9% YoY). Calculated
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Owners injected capital
Paid-in equity rose 100.0k NOK → 8.08m NOK (+7.98m NOK). Reported fact
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Payroll decreased
Salary cost 58.3k NOK → 19.1k NOK (99% → 24% of revenue). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 885.7k NOK profit to a loss of 174.5k NOK. Calculated
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↓
Equity eroded
Book equity 8.75m NOK → 8.08m NOK (equity ratio 87.3% → 92.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.77× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 9.01m NOK → 8.16m NOK. Reported fact