4 LIKE AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2021-02-25; registry 2021-03-08; journal 2021 136934
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4 LIKE AS. Net result -29.8k NOK → -12.7k NOK. Equity -844.8k NOK → -857.5k NOK.
On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4 LIKE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -29.8k NOK → -12.7k NOK. Calculated
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↑
Cash rose
Bank deposits 981 NOK → 3 981 NOK (+305.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 2.20×. Calculated
What deteriorated
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↓
Equity eroded
Book equity -844.8k NOK → -857.5k NOK (equity ratio -85.1% → -86.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -86.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation