FirmaIQ
Org.nr 913 040 651 2019 → 2020 Year-over-year analysis

AE RØRSERVICE AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-06-11; registry 2021-06-14; journal 2021 423725

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AE RØRSERVICE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -57.0k NOK → -195.1k NOK. Equity -474.4k NOK → -669.5k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AE RØRSERVICE AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-67.7k NOK -52.8k NOK
+22.0%
Net result
-57.0k NOK -195.1k NOK
-242.4%
Equity
-474.4k NOK -669.5k NOK
-41.1%
Cash
5 NOK 5 NOK
0.0%
Total assets
347.5k NOK 163.5k NOK
-53.0%

What improved

  • ↑

    Operating result improved

    Operating result -67.7k NOK → -52.8k NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -57.0k NOK → -195.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -474.4k NOK → -669.5k NOK (equity ratio -136.5% → -409.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -409.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation