ALGINOR ASA: årsregnskap 2019 vs 2018
Fresh owner capital
approved 2020-02-28; registry 2020-03-23; journal 2020 253263
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ALGINOR ASA. Revenue 0 NOK → 112.0k NOK. Net result -3.70m NOK → -3.88m NOK. Equity 8.53m NOK → 15.01m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ALGINOR ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 112.0k NOK. Calculated
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↑
Operating result improved
Operating result -3.66m NOK → -3.57m NOK. Calculated
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↑
Equity strengthened
Book equity 8.53m NOK → 15.01m NOK (equity ratio 41.4% → 47.6%). Calculated
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↑
Owners injected capital
Paid-in equity rose 16.02m NOK → 26.37m NOK (+10.35m NOK). Reported fact
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↑
Payroll decreased
Salary cost 10.76m NOK → 1.45m NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 5.76m NOK → 4.35m NOK (-24.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.16× → 0.82× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 220.0k NOK → 0 NOK. Reported fact