FirmaIQ
Org.nr 991 408 495 2018 → 2019 Year-over-year analysis

AIBEL HOLDING III AS: årsregnskap 2019 vs 2018

Slipped into loss

approved 2020-06-19; registry 2020-10-03; journal 2020 898315

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AIBEL HOLDING III AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +735.25m NOK → -1.33m NOK. Equity 34.85m NOK → 33.52m NOK.

On the constructive side: cash rose. Pressures included: fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
n/m -347.0k NOK
—
Net result
+735.25m NOK -1.33m NOK
-100.2%
Equity
34.85m NOK 33.52m NOK
-3.8%
Cash
3.80m NOK 5.09m NOK
+34.0%
Total assets
5.35bn NOK 5.29bn NOK
-1.1%

What improved

  • ↑

    Cash rose

    Bank deposits 3.80m NOK → 5.09m NOK (+34.0% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 735.25m NOK profit to a loss of 1.33m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 34.85m NOK → 33.52m NOK (equity ratio 0.7% → 0.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.78bn NOK → 4.99bn NOK. Reported fact