4CNODE INVEST AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-08-17; registry 2021-08-28; journal 2021 648123
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4CNODE INVEST AS. Net result -18.6k NOK → -189.5k NOK. Equity -63.4k NOK → -252.9k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
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
What improved
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↑
Cash rose
Bank deposits 3 366 NOK → 8 169 NOK (+142.7% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -11.4k NOK → -13.6k NOK. Calculated
-
↓
Net result weakened
Net result -18.6k NOK → -189.5k NOK. Calculated
-
↓
Equity eroded
Book equity -63.4k NOK → -252.9k NOK (equity ratio -7.1% → -29.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -29.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 888.8k NOK → 6 NOK. Reported fact