0001 INVEST AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-05-14; registry 2020-06-11; journal 2020 424415
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 0001 INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -682 NOK → -18.4k NOK. Equity 23.7k NOK → 5 390 NOK.
On the constructive side: cash rose. 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 0001 INVEST AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 4 431 NOK → 9 027 NOK (+103.7% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result 0 NOK → -5 408 NOK. Calculated
-
↓
Net result weakened
Net result -682 NOK → -18.4k NOK. Calculated
-
↓
Equity eroded
Book equity 23.7k NOK → 5 390 NOK (equity ratio 3.5% → 0.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 2 679 NOK → 679.9k NOK. Reported fact