AE DEVELOPMENTS AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-03-11; registry 2020-06-08; journal 2020 400929
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AE DEVELOPMENTS AS. Equity 341.8k NOK → 281.0k NOK.
On the constructive side: cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
n/m
-10.5k NOK
—
Net result
n/m
-10.9k NOK
—
Equity
341.8k NOK
281.0k NOK
-17.8%
Cash
82.2k NOK
151.7k NOK
+84.7%
Total assets
522.5k NOK
482.0k NOK
-7.7%
What improved
-
↑
Cash rose
Bank deposits 82.2k NOK → 151.7k NOK (+84.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 341.8k NOK → 281.0k NOK (equity ratio 65.4% → 58.3%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.75× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated