AKE INVEST AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-02-19; registry 2020-05-05; journal 2020 328650
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKE INVEST AS. Revenue 216.0k NOK → 216.0k NOK (0.0%). Net result +82.6k NOK → +1.58m NOK. Equity 2.77m NOK → 4.36m NOK.
On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKE INVEST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +82.6k NOK → +1.58m NOK (net margin 38.3% → 733.5%). Calculated
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↑
Equity strengthened
Book equity 2.77m NOK → 4.36m NOK (equity ratio 44.7% → 56.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.11× → 10.94×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +197.3k NOK → +202 NOK (op. margin 91.4% → 0.1%). Calculated
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↓
Cash fell
Bank deposits 25.4k NOK → 2 875 NOK (-88.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.98m NOK → 2.01m NOK. Reported fact