4 1/2 FICTION AS: årsregnskap 2019 vs 2018
Returned to profit, cash halved-plus
approved 2020-06-15; registry 2020-07-13; journal 2020 566029
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4 1/2 FICTION AS. Net result -964.0k NOK → +456.0k NOK. Equity 27.98m NOK → 18.98m NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4 1/2 FICTION AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -327.2k NOK → -81.1k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 964.0k NOK to a profit of 456.0k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 27.98m NOK → 18.98m NOK (equity ratio 94.4% → 97.0%). Calculated
-
↓
Cash fell
Bank deposits 597.4k NOK → 110.8k NOK (-81.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 24.75m NOK → 14.75m NOK. Reported fact