Org.nr 993 075 906 2019 → 2020 Year-over-year analysis

AE DEVELOPMENTS AS: årsregnskap 2020 vs 2019

Another loss-making year

approved 2021-03-30; registry 2021-05-27; journal 2021 331985

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AE DEVELOPMENTS AS. Net result -10.9k NOK → -9 639 NOK. Equity 281.0k NOK → 271.3k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AE DEVELOPMENTS AS.

At a glance

Operating result

-10.5k NOK -9 415 NOK

+10.0%

Net result

-10.9k NOK -9 639 NOK

+11.3%

Equity

281.0k NOK 271.3k NOK

-3.4%

Cash

151.7k NOK 92.4k NOK

-39.1%

Total assets

482.0k NOK 422.7k NOK

-12.3%

↑
Operating result improved

Operating result -10.5k NOK → -9 415 NOK. Calculated
↑
Net result improved

Net result -10.9k NOK → -9 639 NOK. Calculated

↓
Equity eroded

Book equity 281.0k NOK → 271.3k NOK (equity ratio 58.3% → 64.2%). Calculated
↓
Cash fell

Bank deposits 151.7k NOK → 92.4k NOK (-39.1% YoY). Calculated

·
Book investments changed

Investment / intangible book value 330.3k NOK → 10.33m NOK. Reported fact