Org.nr 912 080 498 2019 → 2020 Year-over-year analysis

AEU INVEST AS: årsregnskap 2020 vs 2019

Returned to profit, cash halved-plus

approved 2021-07-05; registry 2021-07-08; journal 2021 545014

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AEU INVEST AS. Revenue 1 NOK → 1 NOK (0.0%). Net result -6.55bn NOK → +342.1k NOK. Equity 582.9k NOK → 925.0k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

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

Scorecard

Revenue
1 NOK 1 NOK
0.0%
Operating result
-6 701 NOK -6 506 NOK
+2.9%
Net result
-6.55bn NOK +342.1k NOK
+100.0%
Equity
582.9k NOK 925.0k NOK
+58.7%
Cash
234.9k NOK 28.8k NOK
-87.7%
Total assets
584.9k NOK n/m
—

What improved

  • ↑

    Operating result improved

    Operating result -6 701 NOK → -6 506 NOK (op. margin -670100.0% → -650600.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 6.55bn NOK to a profit of 342.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 582.9k NOK → 925.0k NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 234.9k NOK → 28.8k NOK (-87.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 117.46× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 350.0k NOK → 1 400 NOK. Reported fact