AKERSHUS CONNECT AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2020-08-30; registry 2020-09-05; journal 2020 758736
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKERSHUS CONNECT AS. Revenue 15.0k NOK → 0 NOK (-100.0%). Net result -22.7k NOK → -99.0k NOK. Equity 485.6k NOK → 386.6k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSHUS CONNECT AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.89× → 3.68×. Calculated
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↑
Payroll decreased
Salary cost 6 698 NOK → 1 NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 15.0k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Net result weakened
Net result -22.7k NOK → -99.0k NOK. Calculated
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↓
Equity eroded
Book equity 485.6k NOK → 386.6k NOK (equity ratio 82.3% → 104.3%). Calculated
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↓
Cash fell
Bank deposits 20.7k NOK → -58.8k NOK (-384.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 448.3k NOK → 429.4k NOK. Reported fact