5 BAR AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-07-30; registry 2020-09-29; journal 2020 878559
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 5 BAR AS. Equity 7 892 NOK → -7 370 NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 5 BAR AS.
At a glance
Scorecard
Operating result
n/m
-8 262 NOK
—
Net result
n/m
-8 262 NOK
—
Equity
7 892 NOK
-7 370 NOK
-193.4%
Cash
892 NOK
630.9k NOK
+70627.8%
Total assets
892 NOK
150.6k NOK
+16786.8%
What improved
-
↑
Cash rose
Bank deposits 892 NOK → 630.9k NOK (+70627.8% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 7 892 NOK → -7 370 NOK (equity ratio 884.8% → -4.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -4.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation