Org.nr 992 997 729 2018 → 2019 Year-over-year analysis

AKARZO INVEST AS: årsregnskap 2019 vs 2018

Weaker earnings, cash halved-plus

approved 2020-04-15; registry 2020-05-07; journal 2020 335582

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKARZO INVEST AS. Net result +10.16m NOK → +638.3k NOK. Equity 10.03m NOK → 9.96m NOK.

Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKARZO INVEST AS.

At a glance

Operating result

n/m -14.1k NOK

—

Net result

+10.16m NOK +638.3k NOK

-93.7%

Equity

10.03m NOK 9.96m NOK

-0.6%

Cash

10.49m NOK 47.3k NOK

-99.5%

Total assets

10.49m NOK 10.70m NOK

+2.0%

↓
Net result weakened

Net result +10.16m NOK → +638.3k NOK. Calculated
↓
Equity eroded

Book equity 10.03m NOK → 9.96m NOK (equity ratio 95.6% → 93.1%). Calculated
↓
Cash fell

Bank deposits 10.49m NOK → 47.3k NOK (-99.5% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (10.49m NOK → 47.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 3 299 NOK → 3 NOK. Reported fact