29 MINUTE BOOKS AS: årsregnskap 2019 vs 2018
Shrank 35% on revenue, fresh owner capital
approved 2020-09-03; registry 2020-10-06; journal 2020 945651
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 29 MINUTE BOOKS AS. Revenue 371.7k NOK → 242.5k NOK (-34.7%).
On the constructive side: owners injected capital. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
371.7k NOK
242.5k NOK
-34.7%
Operating result
n/m
-93.0k NOK
—
Net result
n/m
-93.1k NOK
—
Cash
230.3k NOK
189.9k NOK
-17.5%
Total assets
248.7k NOK
189.9k NOK
-23.6%
What improved
-
↑
Owners injected capital
Paid-in equity rose 0 NOK → 30.0k NOK (+30.0k NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 371.7k NOK to 242.5k NOK (-34.7% YoY). Calculated
-
↓
Cash fell
Bank deposits 230.3k NOK → 189.9k NOK (-17.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated