Org.nr 988 654 639 2019 → 2020 Year-over-year analysis

AEBE AS: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

registry 2021-08-09; journal 2021 616040

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AEBE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +2.24m NOK → +1.71m NOK. Equity 14.94m NOK → 11.98m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AEBE AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

-71.8k NOK -82.7k NOK

-15.2%

Net result

+2.24m NOK +1.71m NOK

-23.8%

Equity

14.94m NOK 11.98m NOK

-19.8%

Cash

607.0k NOK 126.7k NOK

-79.1%

Total assets

16.97m NOK 14.91m NOK

-12.1%

↓
Operating result weakened

Operating result -71.8k NOK → -82.7k NOK. Calculated
↓
Net result weakened

Net result +2.24m NOK → +1.71m NOK. Calculated
↓
Equity eroded

Book equity 14.94m NOK → 11.98m NOK (equity ratio 88.0% → 80.3%). Calculated
↓
Cash fell

Bank deposits 607.0k NOK → 126.7k NOK (-79.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.40× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Paid-in equity reduced

Paid-in equity fell 3.30m NOK → 1.14m NOK — check capital reduction, conversion, or reclassification. Interpretation