4-INVENTORS AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-05-24; registry 2021-05-27; journal 2021 328273
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4-INVENTORS AS. Net result -229.0k NOK → -68.7k NOK. Equity -47.1k NOK → -115.8k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4-INVENTORS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -229.1k NOK → -68.7k NOK. Calculated
-
↑
Net result improved
Net result -229.0k NOK → -68.7k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -47.1k NOK → -115.8k NOK (equity ratio -3.0% → -7.3%). Calculated
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↓
Cash fell
Bank deposits 24.2k NOK → 15.9k NOK (-34.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation