1905 INVEST AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-06-21; registry 2019-07-03; journal 2019 600810
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 1905 INVEST AS. Net result -98.2k NOK → -41.0k NOK. Equity 17.5k NOK → -23.5k NOK.
On the constructive side: net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1905 INVEST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -98.2k NOK → -41.0k NOK. Calculated
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↑
Cash rose
Bank deposits 43.2k NOK → 119.3k NOK (+176.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 17.5k NOK → -23.5k NOK (equity ratio 3.6% → -4.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation