Org.nr 921 818 025 2019 → 2020 Year-over-year analysis

A67 INVEST AS: årsregnskap 2020 vs 2019

Another loss-making year

approved 2021-04-16; registry 2021-04-21; journal 2021 215026

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A67 INVEST AS. Net result -386.4k NOK → -327.7k NOK. Equity -368.1k NOK → -695.8k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A67 INVEST AS.

At a glance

Revenue

n/m 675.2k NOK

—

Operating result

-269.4k NOK +43.9k NOK

+116.3%

Net result

-386.4k NOK -327.7k NOK

+15.2%

Equity

-368.1k NOK -695.8k NOK

-89.0%

Cash

47.5k NOK 115.0k NOK

+141.9%

Total assets

8.21m NOK 8.21m NOK

-0.1%

↑
Operating result improved

Operating result -269.4k NOK → +43.9k NOK. Calculated
↑
Net result improved

Net result -386.4k NOK → -327.7k NOK. Calculated
↑
Cash rose

Bank deposits 47.5k NOK → 115.0k NOK (+141.9% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.60× → 3.19×. Calculated

↓
Equity eroded

Book equity -368.1k NOK → -695.8k NOK (equity ratio -4.5% → -8.5%). Calculated

·
Thin equity buffer

Equity ratio is -8.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation