4CNODE INVEST AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-03-05; registry 2019-03-13; journal 2019 234515
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4CNODE INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Equity -27.1k NOK → -44.8k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 4CNODE INVEST AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
-15.0k NOK
n/m
—
Net result
-13.1k NOK
n/m
—
Equity
-27.1k NOK
-44.8k NOK
-65.5%
Cash
11.0k NOK
9 716 NOK
-11.4%
Total assets
744.4k NOK
845.3k NOK
+13.6%
What deteriorated
-
↓
Equity eroded
Book equity -27.1k NOK → -44.8k NOK (equity ratio -3.6% → -5.3%). Calculated
-
↓
Cash fell
Bank deposits 11.0k NOK → 9 716 NOK (-11.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -5.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 700 NOK → 835.5k NOK. Reported fact