1 BUDDY HOLDING AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-08-31; registry 2020-09-10; journal 2020 785566
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1 BUDDY HOLDING AS. Net result -9 639 NOK → -10.8k NOK. Equity 4 498 NOK → -6 273 NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1 BUDDY HOLDING AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -9 646 NOK → -10.8k NOK. Calculated
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↓
Net result weakened
Net result -9 639 NOK → -10.8k NOK. Calculated
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↓
Equity eroded
Book equity 4 498 NOK → -6 273 NOK (equity ratio 44.7% → -453.6%). Calculated
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↓
Cash fell
Bank deposits 10.1k NOK → 1 383 NOK (-86.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.81× → 0.18× — 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 -453.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation