AEW INVEST AS: årsregnskap 2020 vs 2019
Returned to profit, cash halved-plus
approved 2021-05-30; registry 2021-06-01; journal 2021 368432
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AEW INVEST AS. Revenue 0 NOK → 9 314 NOK. Net result -1 266 NOK → +2 939 NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. 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 AEW INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 9 314 NOK. Calculated
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↑
Operating result improved
Operating result -1 269 NOK → +3 768 NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 1 266 NOK to a profit of 2 939 NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 24.4k NOK → 10.4k NOK (-57.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 20.43× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 209.7k NOK. Reported fact