ACTIVE PROPERTY AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-06-08; registry 2020-06-29; journal 2020 500497
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACTIVE PROPERTY AS. Net result -15.5k NOK → -19.5k NOK. Equity 74.0k NOK → 54.6k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACTIVE PROPERTY AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 24.0k NOK → 283.6k NOK (+1079.7% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -15.6k NOK → -19.6k NOK. Calculated
-
↓
Net result weakened
Net result -15.5k NOK → -19.5k NOK. Calculated
-
↓
Equity eroded
Book equity 74.0k NOK → 54.6k NOK (equity ratio 1.1% → 0.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 6.80m NOK → 8.92m NOK. Reported fact