101 INVEST AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-06-30; registry 2021-07-05; journal 2021 533134
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 101 INVEST AS. Net result -49.7k NOK → -9 607 NOK. Equity -8 258 NOK → -17.9k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 101 INVEST AS.
At a glance
Scorecard
Operating result
-34.2k NOK
-9 607 NOK
+71.9%
Net result
-49.7k NOK
-9 607 NOK
+80.7%
Equity
-8 258 NOK
-17.9k NOK
-116.3%
Cash
1 461 NOK
539 NOK
-63.1%
Total assets
31.5k NOK
30.5k NOK
-2.9%
What improved
-
↑
Operating result improved
Operating result -34.2k NOK → -9 607 NOK. Calculated
-
↑
Net result improved
Net result -49.7k NOK → -9 607 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -8 258 NOK → -17.9k NOK (equity ratio -26.2% → -58.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -58.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation