365 ECONOMY AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, weaker earnings
approved 2020-08-04; registry 2020-08-06; journal 2020 657030
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 365 ECONOMY AS. Revenue 60.0k NOK → 0 NOK (-100.0%). Net result +57.7k NOK → +9 204 NOK. Equity 267.6k NOK → 18.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 365 ECONOMY AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 649 NOK → 649.6k NOK (+100000.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 60.0k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +57.7k NOK → -9 204 NOK. Calculated
-
↓
Net result weakened
Net result +57.7k NOK → +9 204 NOK. Calculated
-
↓
Equity eroded
Book equity 267.6k NOK → 18.4k NOK (equity ratio 79.4% → 77.1%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 390.0k NOK → 150.0k NOK — check capital reduction, conversion, or reclassification. Interpretation