Org.nr 921 994 605 2018 → 2019 Year-over-year analysis

1540 HERITAGE CAPITAL AS: årsregnskap 2019 vs 2018

Slipped into loss, cash halved-plus, fresh owner capital

approved 2020-06-25; registry 2020-08-29; journal 2020 710365

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 1540 HERITAGE CAPITAL AS. Net result +1 NOK → -6 285 NOK. Equity 24.0k NOK → 17.7k NOK.

On the constructive side: owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1540 HERITAGE CAPITAL AS.

Scorecard

Operating result
0 NOK -6 385 NOK
—
Net result
+1 NOK -6 285 NOK
-628600.0%
Equity
24.0k NOK 17.7k NOK
-26.2%
Cash
30.0k NOK 12.7k NOK
-57.6%
Total assets
30.0k NOK 637.7k NOK
+2025.6%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 24.0k NOK → 30.0k NOK (+6 000 NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -6 385 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1 NOK profit to a loss of 6 285 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 24.0k NOK → 17.7k NOK (equity ratio 80.0% → 2.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.0k NOK → 12.7k NOK (-57.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation