Org.nr 915 915 833 2018 → 2019 Year-over-year analysis

15 KNOP AS: årsregnskap 2019 vs 2018

Slipped into loss

approved 2020-08-20; registry 2020-08-31; journal 2020 715771

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 15 KNOP AS. Revenue 0 NOK → 0 NOK (0.0%). Net result 0 NOK → -31.7k NOK. Equity 100.0k NOK → 68.3k NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 15 KNOP AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-8 830 NOK -11.6k NOK
-31.6%
Net result
0 NOK -31.7k NOK
—
Equity
100.0k NOK 68.3k NOK
-31.7%
Cash
17.1k NOK 28.2k NOK
+65.0%
Total assets
161.2k NOK 2.40m NOK
+1385.9%

What improved

  • ↑

    Cash rose

    Bank deposits 17.1k NOK → 28.2k NOK (+65.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -8 830 NOK → -11.6k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 31.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 100.0k NOK → 68.3k NOK (equity ratio 62.0% → 2.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 044 NOK → 2.24m NOK. Reported fact