AEGIR CAPITAL AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, returned to profit, cash halved-plus
approved 2020-05-26; registry 2020-06-09; journal 2020 402999
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AEGIR CAPITAL AS. Revenue 14.5k NOK → 0 NOK (-100.0%). Net result -2.73m NOK → +122.5k NOK. Equity -18.82m NOK → -13.70m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AEGIR CAPITAL AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -11.14m NOK → +122.5k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 2.73m NOK to a profit of 122.5k NOK. Calculated
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↑
Equity strengthened
Book equity -18.82m NOK → -13.70m NOK (equity ratio -149.2% → -124.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 14.5k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Cash fell
Bank deposits 7 463 NOK → 652 NOK (-91.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 18.94× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 14.5k NOK → 0 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 12.60m NOK → 10.97m NOK. Reported fact