A3T INVEST AS: årsregnskap 2020 vs 2019
Shrank 75% on revenue, stronger earnings, cash halved-plus
approved 2021-08-20; registry 2021-09-02; journal 2021 715440
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A3T INVEST AS. Revenue 80.8k NOK → 20.6k NOK (-74.6%). Net result -174.5k NOK → -88.5k NOK. Equity 8.08m NOK → 7.49m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; 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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↑
Net result improved
Net result -174.5k NOK → -88.5k NOK (net margin -215.8% → -430.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 80.8k NOK to 20.6k NOK (-74.6% YoY). Calculated
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↓
Operating result weakened
Operating result -190.6k NOK → -249.6k NOK (op. margin -235.7% → -1214.6%). Calculated
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↓
Equity eroded
Book equity 8.08m NOK → 7.49m NOK (equity ratio 92.2% → 84.8%). Calculated
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↓
Cash fell
Bank deposits 602.6k NOK → 21.1k NOK (-96.5% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 8.08m NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 8.16m NOK → 8.81m NOK. Reported fact