Org.nr 914 204 364 2018 → 2019 Year-over-year analysis

1852 INVEST AS: årsregnskap 2019 vs 2018

Shrank 93% on revenue, cash halved-plus

approved 2020-04-02; registry 2020-09-09; journal 2020 759124

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 1852 INVEST AS. Revenue 10.80m NOK → 792.0k NOK (-92.7%). Equity 12.30m NOK → 12.41m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 1852 INVEST AS.

At a glance

Revenue

10.80m NOK 792.0k NOK

-92.7%

Operating result

n/m +139.8k NOK

—

Net result

n/m +108.5k NOK

—

Equity

12.30m NOK 12.41m NOK

+0.9%

Cash

3.40m NOK 706.5k NOK

-79.2%

Total assets

30.54m NOK 18.35m NOK

-39.9%

↑
Equity strengthened

Book equity 12.30m NOK → 12.41m NOK (equity ratio 40.3% → 67.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 10.80m NOK to 792.0k NOK (-92.7% YoY). Calculated
↓
Cash fell

Bank deposits 3.40m NOK → 706.5k NOK (-79.2% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 26.08m NOK → 27.25m NOK (242% → 3440% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 133.29m NOK → 135.59m NOK (+1.7% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (3.40m NOK → 706.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 16.80m NOK → 16.74m NOK. Reported fact