AI-BERGEN AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2020-02-22; registry 2020-03-11; journal 2020 236382
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AI-BERGEN AS. Revenue 73.0k NOK → 0 NOK (-100.0%). Net result -65.4k NOK → -28.3k NOK. Equity 7 043 NOK → -21.3k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AI-BERGEN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -65.3k NOK → -13.1k NOK. Calculated
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↑
Net result improved
Net result -65.4k NOK → -28.3k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 73.0k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Equity eroded
Book equity 7 043 NOK → -21.3k NOK (equity ratio 32.0% → -396.1%). Calculated
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↓
Cash fell
Bank deposits 7 043 NOK → 2 209 NOK (-68.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -396.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation