À-RÒI AS: årsregnskap 2019 vs 2018
Weaker earnings, cash halved-plus
approved 2019-12-31; registry 2020-08-03; journal 2020 638901
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for À-RÒI AS. Net result -18.4k NOK → -32.0k NOK. Equity 11.6k NOK → -20.4k NOK.
Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for À-RÒI AS.
At a glance
Scorecard
What deteriorated
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↓
Net result weakened
Net result -18.4k NOK → -32.0k NOK. Calculated
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↓
Equity eroded
Book equity 11.6k NOK → -20.4k NOK (equity ratio 100.0% → -163.4%). Calculated
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↓
Cash fell
Bank deposits 11.6k NOK → 3 130 NOK (-73.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 11592.00× → 0.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -163.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation