Org.nr 917 907 412 2018 → 2019 Year-over-year analysis

1-VENN AS: årsregnskap 2019 vs 2018

Slipped into loss, cash halved-plus

approved 2019-12-31; registry 2020-09-26; journal 2020 870599

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 1-VENN AS. Revenue 0 NOK → 609 NOK. Net result +2 568 NOK → -3 790 NOK. Equity 20.4k NOK → 16.6k NOK.

On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.

Net tougher year on the published lines.

Scorecard

Revenue
0 NOK 609 NOK
—
Operating result
n/m -3 791 NOK
—
Net result
+2 568 NOK -3 790 NOK
-247.6%
Equity
20.4k NOK 16.6k NOK
-18.6%
Cash
3 789 NOK 38 NOK
-99.0%
Total assets
20.4k NOK 16.6k NOK
-18.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 609 NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 2 568 NOK profit to a loss of 3 790 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 20.4k NOK → 16.6k NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 3 789 NOK → 38 NOK (-99.0% YoY). Calculated