4CNODE INVEST AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-02-05; registry 2020-02-08; journal 2020 207341
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4CNODE INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Equity -44.8k NOK → -63.4k 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
n/m
-11.4k NOK
—
Net result
n/m
-18.6k NOK
—
Equity
-44.8k NOK
-63.4k NOK
-41.4%
Cash
9 716 NOK
3 366 NOK
-65.4%
Total assets
845.3k NOK
892.2k NOK
+5.5%
What deteriorated
-
↓
Equity eroded
Book equity -44.8k NOK → -63.4k NOK (equity ratio -5.3% → -7.1%). Calculated
-
↓
Cash fell
Bank deposits 9 716 NOK → 3 366 NOK (-65.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 835.5k NOK → 888.8k NOK. Reported fact