101 INVEST AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-06-30; registry 2020-09-01; journal 2020 723085
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 101 INVEST AS. Equity 41.4k NOK → -8 258 NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 101 INVEST AS.
At a glance
Scorecard
Operating result
n/m
-34.2k NOK
—
Net result
n/m
-49.7k NOK
—
Equity
41.4k NOK
-8 258 NOK
-119.9%
Cash
5 964 NOK
1 461 NOK
-75.5%
Total assets
66.4k NOK
31.5k NOK
-52.6%
What deteriorated
-
↓
Equity eroded
Book equity 41.4k NOK → -8 258 NOK (equity ratio 62.4% → -26.2%). Calculated
-
↓
Cash fell
Bank deposits 5 964 NOK → 1 461 NOK (-75.5% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -26.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 60.0k NOK → 30.0k NOK. Reported fact