1954 INVEST AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-06-09; registry 2020-06-18; journal 2020 457897
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 1954 INVEST AS. Equity 8 915 NOK → -4 447 NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1954 INVEST AS.
At a glance
Scorecard
Operating result
n/m
-13.4k NOK
—
Net result
n/m
-13.4k NOK
—
Equity
8 915 NOK
-4 447 NOK
-149.9%
Cash
9 134 NOK
6 457 NOK
-29.3%
Total assets
9 136 NOK
6 459 NOK
-29.3%
What deteriorated
-
↓
Equity eroded
Book equity 8 915 NOK → -4 447 NOK (equity ratio 97.6% → -68.8%). Calculated
-
↓
Cash fell
Bank deposits 9 134 NOK → 6 457 NOK (-29.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -68.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation