AEDES AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-08-19; registry 2021-08-23; journal 2021 668780
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AEDES AS. Net result -37.0k NOK → -35.5k NOK. Equity -39.9k NOK → -75.4k NOK.
On the constructive side: operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AEDES AS.
At a glance
Scorecard
Operating result
-37.2k NOK
-35.5k NOK
+4.5%
Net result
-37.0k NOK
-35.5k NOK
+4.0%
Equity
-39.9k NOK
-75.4k NOK
-88.9%
Cash
12.0k NOK
12.0k NOK
0.0%
Total assets
305.3k NOK
281.7k NOK
-7.7%
What improved
-
↑
Operating result improved
Operating result -37.2k NOK → -35.5k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -39.9k NOK → -75.4k NOK (equity ratio -13.1% → -26.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -26.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation