1349 INVEST AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-06-09; registry 2020-09-12; journal 2020 794809
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1349 INVEST AS. Net result +683.7k NOK → +1.13m NOK. Equity 850.9k NOK → 268.7k NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1349 INVEST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +683.7k NOK → +1.13m NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 850.9k NOK → 268.7k NOK (equity ratio 22.1% → 12.8%). Calculated
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↓
Cash fell
Bank deposits 9 686 NOK → 1 073 NOK (-88.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 736.35× → 0.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 32.0k NOK → 27.9k NOK. Reported fact