ACCOUNTIT HYLLE15 AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-06-30; registry 2020-07-11; journal 2020 565455
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCOUNTIT HYLLE15 AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +28.7k NOK → +544.6k NOK. Equity 515.7k NOK → -28.8k 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; book investments changed. All figures are taken from the published annual accounts for ACCOUNTIT HYLLE15 AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +28.6k NOK → +144.6k NOK. Calculated
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Net result improved
Net result +28.7k NOK → +544.6k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 515.7k NOK → -28.8k NOK (equity ratio 96.0% → -440.2%). Calculated
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↓
Cash fell
Bank deposits 11.1k NOK → 669 NOK (-94.0% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.08× → 0.11× — 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 -440.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 525.9k NOK → 5 880 NOK. Reported fact