Org.nr 987 727 152 2018 → 2019 Year-over-year analysis

4-INVENTORS AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2019-12-31; registry 2020-06-15; journal 2020 459826

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 4-INVENTORS AS. Revenue 77.7k NOK → 0 NOK (-100.0%). Net result +256.1k NOK → -229.0k NOK. Equity 181.8k NOK → -47.1k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
77.7k NOK 0 NOK
-100.0%
Operating result
-226.3k NOK -229.1k NOK
-1.2%
Net result
+256.1k NOK -229.0k NOK
-189.4%
Equity
181.8k NOK -47.1k NOK
-125.9%
Cash
363.0k NOK 24.2k NOK
-93.3%
Total assets
2.21m NOK 1.59m NOK
-28.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 77.7k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -226.3k NOK → -229.1k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 256.1k NOK profit to a loss of 229.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 181.8k NOK → -47.1k NOK (equity ratio 8.2% → -3.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 363.0k NOK → 24.2k NOK (-93.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation