Org.nr 998 199 565 2018 → 2019 Year-over-year analysis

AEC INVEST AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-06-30; registry 2020-07-15; journal 2020 579191

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AEC INVEST AS. Net result +2.29m NOK → +120.7k NOK. Equity 2.33m NOK → 1.75m NOK.

On the constructive side: current ratio back above 1×. Pressures included: net result weakened; equity eroded; cash fell.

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

Scorecard

Operating result
n/m -17.5k NOK
—
Net result
+2.29m NOK +120.7k NOK
-94.7%
Equity
2.33m NOK 1.75m NOK
-24.9%
Cash
20.1k NOK 13.2k NOK
-34.2%
Total assets
403.0k NOK 2.04m NOK
+405.8%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.27× → 3.64×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +2.29m NOK → +120.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.33m NOK → 1.75m NOK (equity ratio 577.7% → 85.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 20.1k NOK → 13.2k NOK (-34.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 660 NOK → 749.3k NOK. Reported fact