Org.nr 995 011 212 2018 → 2019 Year-over-year analysis

AIA HOLDING AS: årsregnskap 2019 vs 2018

Weaker earnings, cash halved-plus

approved 2020-06-25; registry 2020-07-09; journal 2020 556348

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AIA HOLDING AS. Net result +977.7k NOK → +474.7k NOK. Equity 2.62m NOK → 2.59m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Operating result

-22.3k NOK -25.3k NOK

-13.5%

Net result

+977.7k NOK +474.7k NOK

-51.4%

Equity

2.62m NOK 2.59m NOK

-1.0%

Cash

4 790 NOK 91 NOK

-98.1%

Total assets

3.62m NOK 6.09m NOK

+68.4%

↓
Operating result weakened

Operating result -22.3k NOK → -25.3k NOK. Calculated
↓
Net result weakened

Net result +977.7k NOK → +474.7k NOK. Calculated
↓
Equity eroded

Book equity 2.62m NOK → 2.59m NOK (equity ratio 72.3% → 42.5%). Calculated
↓
Cash fell

Bank deposits 4 790 NOK → 91 NOK (-98.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.00× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 2.61m NOK → 2.59m NOK. Reported fact