ABUSDALSKNUTEN LØYPESERVICE A/S: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-02-20; registry 2020-06-11; journal 2020 418542
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABUSDALSKNUTEN LØYPESERVICE A/S. Equity 58.1k NOK → 18.3k NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABUSDALSKNUTEN LØYPESERVICE A/S.
At a glance
Scorecard
Revenue
n/m
185.6k NOK
—
Operating result
n/m
+18.2k NOK
—
Net result
n/m
-39.8k NOK
—
Equity
58.1k NOK
18.3k NOK
-68.6%
Cash
81.5k NOK
132.1k NOK
+62.1%
Total assets
1.38m NOK
1.29m NOK
-7.1%
What improved
-
↑
Cash rose
Bank deposits 81.5k NOK → 132.1k NOK (+62.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 58.1k NOK → 18.3k NOK (equity ratio 4.2% → 1.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation