AEB HOLDING & CO AS: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
approved 2021-08-26; registry 2021-08-30; journal 2021 694586
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AEB HOLDING & CO AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +455.0k NOK → +31.9k NOK. Equity 1.03m NOK → 5.11m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AEB HOLDING & CO AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.03m NOK → 5.11m NOK (equity ratio 97.5% → 98.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +25.5k NOK → -32.6k NOK. Calculated
-
↓
Net result weakened
Net result +455.0k NOK → +31.9k NOK. Calculated
-
↓
Cash fell
Bank deposits 1.05m NOK → 101.7k NOK (-90.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.05m NOK → 101.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 80 NOK → 5 063 NOK. Reported fact