Org.nr 812 672 452 2018 → 2019 Year-over-year analysis

4KLØVER EIENDOM AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-03-26; registry 2020-06-29; journal 2020 498531

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 4KLØVER EIENDOM AS. Net result -328.3k NOK → -561.4k NOK. Equity -435.3k NOK → -996.7k NOK.

On the constructive side: cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 4KLØVER EIENDOM AS.

Scorecard

Operating result
n/m -512.1k NOK
—
Net result
-328.3k NOK -561.4k NOK
-71.0%
Equity
-435.3k NOK -996.7k NOK
-129.0%
Cash
35.4k NOK 48.6k NOK
+37.5%
Total assets
6.00m NOK 12.09m NOK
+101.6%

What improved

  • ↑

    Cash rose

    Bank deposits 35.4k NOK → 48.6k NOK (+37.5% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -328.3k NOK → -561.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -435.3k NOK → -996.7k NOK (equity ratio -7.3% → -8.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.36× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 5.96m NOK → 12.04m NOK. Reported fact