AEDES INVEST AS: årsregnskap 2020 vs 2019
Shrank 57% on revenue, slipped into loss
approved 2021-08-31; registry 2021-09-22; journal 2021 728888
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AEDES INVEST AS. Revenue 772.0k NOK → 329.4k NOK (-57.3%). Net result +45.2k NOK → -91.1k NOK. Equity 405.4k NOK → -15.1k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AEDES INVEST AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 772.0k NOK to 329.4k NOK (-57.3% YoY). Calculated
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Operating result weakened
Operating result +908.1k NOK → -46.0k NOK (op. margin 117.6% → -14.0%). Calculated
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Fell into a net loss
Net result flipped from 45.2k NOK profit to a loss of 91.1k NOK. Calculated
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Equity eroded
Book equity 405.4k NOK → -15.1k NOK (equity ratio 22.4% → -24.1%). Calculated
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Current ratio dropped below 1×
Current ratio 4.46× → 0.63× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -24.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation