AJ SALTVEDT HOLDING AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-04-16; registry 2020-05-04; journal 2020 325674
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJ SALTVEDT HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +859 NOK → +11.2k NOK. Equity 327.4k NOK → 338.6k NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJ SALTVEDT HOLDING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +859 NOK → +11.2k NOK. Calculated
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↑
Equity strengthened
Book equity 327.4k NOK → 338.6k NOK (equity ratio 171.8% → 3.7%). Calculated
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↑
Cash rose
Bank deposits 32.4k NOK → 60.6k NOK (+87.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +5 803 NOK → +4 236 NOK. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation