Org.nr 993 966 401 2017 → 2018 Year-over-year analysis

3SOME INVEST AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-06-20; registry 2019-07-03; journal 2019 586609

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3SOME INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Equity -786.9k NOK → -801.4k NOK.

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 3SOME INVEST AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Equity

-786.9k NOK -801.4k NOK

-1.8%

Cash

5 294 NOK 2 795 NOK

-47.2%

Total assets

297.8k NOK 295.3k NOK

-0.8%

↓
Equity eroded

Book equity -786.9k NOK → -801.4k NOK (equity ratio -264.2% → -271.3%). Calculated
↓
Cash fell

Bank deposits 5 294 NOK → 2 795 NOK (-47.2% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 3.09× → 0.24× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -271.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation