AIR2WORK AS: årsregnskap 2019 vs 2018
Returned to profit, cash halved-plus
approved 2020-04-03; registry 2020-09-24; journal 2020 852178
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AIR2WORK AS. Net result -25.0k NOK → +49.3k NOK. Equity -19.3k NOK → 30.0k NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIR2WORK AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 25.0k NOK to a profit of 49.3k NOK. Calculated
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↑
Equity strengthened
Book equity -19.3k NOK → 30.0k NOK (equity ratio -5.1% → 6.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -25.0k NOK → -39.7k NOK. Calculated
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↓
Cash fell
Bank deposits 15.6k NOK → 3 118 NOK (-80.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 3 NOK → 360.0k NOK. Reported fact