AKERSVEIEN UTVIKLING AS: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
approved 2021-01-29; registry 2021-06-09; journal 2021 406395
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKERSVEIEN UTVIKLING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -76.2k NOK → -843.5k NOK. Equity 523.8k NOK → -319.7k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKERSVEIEN UTVIKLING AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -13.9k NOK → -25.4k NOK. Calculated
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↓
Net result weakened
Net result -76.2k NOK → -843.5k NOK. Calculated
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↓
Equity eroded
Book equity 523.8k NOK → -319.7k NOK (equity ratio 12.1% → -3.6%). Calculated
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↓
Cash fell
Bank deposits 587.2k NOK → 45.2k NOK (-92.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3.73m NOK → 8.91m NOK. Reported fact