Org.nr 916 369 379 2018 → 2019 Year-over-year analysis

AHMED HOLDING AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-08-31; registry 2020-09-14; journal 2020 811010

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AHMED HOLDING AS. Net result -23.3k NOK → -18.0k NOK. Equity -3 152 NOK → -21.1k NOK.

On the constructive side: net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AHMED HOLDING AS.

Scorecard

Operating result
n/m -18.0k NOK
—
Net result
-23.3k NOK -18.0k NOK
+23.0%
Equity
-3 152 NOK -21.1k NOK
-570.1%
Cash
32.9k NOK 2 478 NOK
-92.5%
Total assets
546.8k NOK 528.9k NOK
-3.3%

What improved

  • ↑

    Net result improved

    Net result -23.3k NOK → -18.0k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -3 152 NOK → -21.1k NOK (equity ratio -0.6% → -4.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 32.9k NOK → 2 478 NOK (-92.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -4.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 513.9k NOK → 526.4k NOK. Reported fact