FirmaIQ
Org.nr 996 564 894 2018 → 2019 Year-over-year analysis

ALNG ASA: årsregnskap 2019 vs 2018

Grew 5% on revenue, weaker earnings, cash halved-plus

approved 2020-04-24; registry 2020-05-02; journal 2020 321987

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ALNG ASA. Revenue 5.38m NOK → 5.67m NOK (+5.3%). Net result -11.44m NOK → -119.92m NOK. Equity 1.16bn NOK → 1.04bn NOK.

On the constructive side: revenue rose. 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 ALNG ASA.

At a glance

Scorecard

Revenue
5.38m NOK 5.67m NOK
+5.3%
Operating result
n/m -16.04m NOK
—
Net result
-11.44m NOK -119.92m NOK
-948.7%
Equity
1.16bn NOK 1.04bn NOK
-10.4%
Cash
134.44m NOK 39.88m NOK
-70.3%
Total assets
1.17m NOK 1.05m NOK
-10.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.38m NOK to 5.67m NOK (+5.3% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -11.44m NOK → -119.92m NOK (net margin -212.4% → -2116.4%). Calculated

  • ↓

    Equity eroded

    Book equity 1.16bn NOK → 1.04bn NOK (equity ratio 99148.3% → 99192.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 134.44m NOK → 39.88m NOK (-70.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (134.44m NOK → 39.88m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.03bn NOK → 1.00bn NOK. Reported fact