12:24 INVEST AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-06-30; registry 2020-07-13; journal 2020 583772
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 12:24 INVEST AS. Equity 623.3k NOK → 1 779 NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 12:24 INVEST AS.
At a glance
Scorecard
Operating result
n/m
-15.5k NOK
—
Net result
n/m
+1.16m NOK
—
Equity
623.3k NOK
1 779 NOK
-99.7%
Cash
989.9k NOK
294.2k NOK
-70.3%
Total assets
1.48m NOK
1.78m NOK
+20.6%
What deteriorated
-
↓
Equity eroded
Book equity 623.3k NOK → 1 779 NOK (equity ratio 42.1% → 0.1%). Calculated
-
↓
Cash fell
Bank deposits 989.9k NOK → 294.2k NOK (-70.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation