Org.nr 921 260 717 2018 → 2019 Year-over-year analysis

2 MINUTTER FOR HOLDING AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2019-12-31; registry 2020-04-15; journal 2020 287448

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 2 MINUTTER FOR HOLDING AS. Equity 24.4k NOK → 20.5k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2 MINUTTER FOR HOLDING AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
n/m -4 347 NOK
—
Net result
n/m -3 922 NOK
—
Equity
24.4k NOK 20.5k NOK
-16.1%
Cash
9 423 NOK 31.5k NOK
+234.5%
Total assets
124.4k NOK 170.5k NOK
+37.0%

What improved

  • ↑

    Cash rose

    Bank deposits 9 423 NOK → 31.5k NOK (+234.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.09× → 210.14×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 24.4k NOK → 20.5k NOK (equity ratio 19.6% → 12.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 15.0k NOK → 23.6k NOK. Reported fact