21-5 NORGE AS: årsregnskap 2019 vs 2018
Slipped into loss
approved 2020-08-26; registry 2020-09-05; journal 2020 757143
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 21-5 NORGE AS. Net result +730 NOK → -3 712 NOK. Equity 0 NOK → -3.68m NOK.
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 21-5 NORGE AS.
At a glance
Scorecard
Operating result
+722 NOK
-3 712 NOK
-614.1%
Net result
+730 NOK
-3 712 NOK
-608.5%
Equity
0 NOK
-3.68m NOK
—
Cash
n/m
4 759 NOK
—
Total assets
0 NOK
90.8k NOK
—
What deteriorated
-
↓
Operating result weakened
Operating result +722 NOK → -3 712 NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 730 NOK profit to a loss of 3 712 NOK. Calculated
-
↓
Equity eroded
Book equity 0 NOK → -3.68m NOK. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -4058.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation