2B PROSJEKT AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-06-16; registry 2020-06-29; journal 2020 505911
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2B PROSJEKT AS. Net result -81.9k NOK → -35.5k NOK. Equity -253.2k NOK → -288.7k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2B PROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -9 873 NOK → +42.9k NOK. Calculated
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↑
Net result improved
Net result -81.9k NOK → -35.5k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity -253.2k NOK → -288.7k NOK (equity ratio -11.3% → -13.2%). Calculated
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↓
Cash fell
Bank deposits 56.1k NOK → 561 NOK (-99.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.12× → 0.01× — 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 -13.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation