AIBEL HOLDING III AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-06-18; registry 2021-09-15; journal 2021 710374
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIBEL HOLDING III AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -1.33m NOK → -99.49m NOK. Equity 33.52m NOK → -65.97m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
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
What improved
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↑
Operating result improved
Operating result -347.0k NOK → -35.0k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result -1.33m NOK → -99.49m NOK. Calculated
-
↓
Equity eroded
Book equity 33.52m NOK → -65.97m NOK (equity ratio 0.6% → -1.3%). Calculated
-
↓
Cash fell
Bank deposits 5.09m NOK → 5.02m NOK (-1.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 4.99bn NOK → 4.98bn NOK. Reported fact