Org.nr 918 816 232 2018 → 2019 Year-over-year analysis

12C INVEST AS: årsregnskap 2019 vs 2018

Grew 61% on revenue

approved 2020-06-30; registry 2020-09-01; journal 2020 725483

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 12C INVEST AS. Revenue 176.0k NOK → 283.8k NOK (+61.3%). Equity -43.1k NOK → -139.9k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 12C INVEST AS.

At a glance

Revenue

176.0k NOK 283.8k NOK

+61.3%

Operating result

n/m +214.7k NOK

—

Net result

n/m -96.8k NOK

—

Equity

-43.1k NOK -139.9k NOK

-224.9%

Cash

22.4k NOK 33.7k NOK

+50.8%

Total assets

8.95m NOK 9.53m NOK

+6.5%

↑
Revenue rose

Operating income / revenue moved from 176.0k NOK to 283.8k NOK (+61.3% YoY). Calculated
↑
Cash rose

Bank deposits 22.4k NOK → 33.7k NOK (+50.8% YoY). Calculated

↓
Equity eroded

Book equity -43.1k NOK → -139.9k NOK (equity ratio -0.5% → -1.5%). Calculated

·
Thin equity buffer

Equity ratio is -1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation