3P BIOTECH HOLDING AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-04-30; registry 2020-09-24; journal 2020 852880
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3P BIOTECH HOLDING AS. Net result +5 NOK → +5 NOK. Equity 51.8k NOK → 36.3k NOK.
Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3P BIOTECH HOLDING AS.
At a glance
Scorecard
Operating result
+34.6k NOK
-15.6k NOK
-145.1%
Net result
+5 NOK
+5 NOK
0.0%
Equity
51.8k NOK
36.3k NOK
-30.0%
Cash
3 033 NOK
330 NOK
-89.1%
Total assets
2.39m NOK
2.44m NOK
+2.1%
What deteriorated
-
↓
Operating result weakened
Operating result +34.6k NOK → -15.6k NOK. Calculated
-
↓
Equity eroded
Book equity 51.8k NOK → 36.3k NOK (equity ratio 2.2% → 1.5%). Calculated
-
↓
Cash fell
Bank deposits 3 033 NOK → 330 NOK (-89.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation