1905 INVEST AS: årsregnskap 2020 vs 2019
Slipped into loss
registry 2021-08-25; journal 2021 674944
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 1905 INVEST AS. Net result +30.7k NOK → -55.5k NOK. Equity 7 199 NOK → -48.3k 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. All figures are taken from the published annual accounts for 1905 INVEST AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 339.9k NOK → 446.7k NOK (+31.4% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -46.5k NOK → -50.8k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 30.7k NOK profit to a loss of 55.5k NOK. Calculated
-
↓
Equity eroded
Book equity 7 199 NOK → -48.3k NOK (equity ratio 1.3% → -9.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.92× — 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 -9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation