Org.nr 998 036 011 2017 → 2018 Year-over-year analysis

4 HEALTH INNOVATION NORGE AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-05-30; registry 2019-08-06; journal 2019 880240

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 4 HEALTH INNOVATION NORGE AS. Equity -263.5k NOK → -267.3k NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4 HEALTH INNOVATION NORGE AS.

Scorecard

Revenue
17.3k NOK n/m
—
Equity
-263.5k NOK -267.3k NOK
-1.4%
Cash
2 598 NOK 94 NOK
-96.4%
Total assets
2 598 NOK 94 NOK
-96.4%

What deteriorated

  • ↓

    Equity eroded

    Book equity -263.5k NOK → -267.3k NOK (equity ratio -10142.6% → -284312.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 2 598 NOK → 94 NOK (-96.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -284312.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation