AH-INVEST AS: årsregnskap 2019 vs 2018
Weaker earnings, cash halved-plus
approved 2020-06-08; registry 2020-06-22; journal 2020 469083
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AH-INVEST AS. Revenue 4 843 NOK → 4 843 NOK (0.0%). Net result -2.51m NOK → -13.60m NOK. Equity 14.23m NOK → 624.9k NOK.
Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AH-INVEST AS.
At a glance
Scorecard
What deteriorated
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↓
Net result weakened
Net result -2.51m NOK → -13.60m NOK (net margin -51787.7% → -280914.4%). Calculated
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↓
Equity eroded
Book equity 14.23m NOK → 624.9k NOK (equity ratio 73.2% → 36.9%). Calculated
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↓
Cash fell
Bank deposits 4.40m NOK → 41.5k NOK (-99.1% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (4.40m NOK → 41.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 10.30m NOK → 4.26m NOK. Reported fact