AE BULK CO-INVEST AS: årsregnskap 2019 vs 2018
Weaker earnings, cash halved-plus
approved 2020-04-15; registry 2020-06-11; journal 2020 418138
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AE BULK CO-INVEST AS. Net result +34.44m NOK → +803.5k NOK. Equity 24.22m NOK → 22.42m NOK.
On the constructive side: current ratio back above 1×. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AE BULK CO-INVEST AS.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.11× → 180.92×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +34.44m NOK → +803.5k NOK. Calculated
-
↓
Equity eroded
Book equity 24.22m NOK → 22.42m NOK (equity ratio 85.1% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 447.0k NOK → 107.3k NOK (-76.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 23.98m NOK → 22.32m NOK. Reported fact