AID INVEST AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2019-12-31; registry 2020-07-09; journal 2020 551574
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AID INVEST AS. Revenue 0 NOK → 90.2k NOK. Net result +841.0k NOK → +5.21m NOK. Equity 51.89m NOK → 53.93m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AID INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 90.2k NOK. Calculated
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↑
Operating result improved
Operating result -127.0k NOK → +214.31bn NOK. Calculated
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↑
Net result improved
Net result +841.0k NOK → +5.21m NOK. Calculated
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↑
Equity strengthened
Book equity 51.89m NOK → 53.93m NOK (equity ratio 91.2% → 55.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 33.28m NOK → 4.14m NOK (-87.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (33.28m NOK → 4.14m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 10.56m NOK → 68.54m NOK. Reported fact