1905 INVEST AS: årsregnskap 2015 vs 2014
Cash halved-plus
approved 2016-06-10; registry 2016-06-22; journal 2016 555022
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 1905 INVEST AS. Equity 55.0k NOK → 20.7k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1905 INVEST AS.
At a glance
Scorecard
Net result
n/m
-34.2k NOK
—
Equity
55.0k NOK
20.7k NOK
-62.3%
Cash
329.9k NOK
138.7k NOK
-58.0%
Total assets
401.4k NOK
396.5k NOK
-1.2%
What deteriorated
-
↓
Equity eroded
Book equity 55.0k NOK → 20.7k NOK (equity ratio 13.7% → 5.2%). Calculated
-
↓
Cash fell
Bank deposits 329.9k NOK → 138.7k NOK (-58.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation