1337 INVEST AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-06-30; registry 2020-08-31; journal 2020 742532
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1337 INVEST AS. Equity 24.5k NOK → -579.3k NOK.
On the constructive side: operating result improved. 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 1337 INVEST AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -5 570 NOK → -1 594 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 24.5k NOK → -579.3k NOK (equity ratio 2.4% → -127.0%). Calculated
-
↓
Cash fell
Bank deposits 22.7k NOK → 1 560 NOK (-93.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -127.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 1.01m NOK → 414.7k NOK. Reported fact