5 BAR AS: årsregnskap 2020 vs 2019
Cash halved-plus
registry 2021-09-29; journal 2021 830938
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 5 BAR AS. Net result -8 262 NOK → -13.7k NOK. Equity -7 370 NOK → -21.1k NOK.
Pressures included: operating result weakened; net result weakened; 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
What deteriorated
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↓
Operating result weakened
Operating result -8 262 NOK → -13.7k NOK. Calculated
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↓
Net result weakened
Net result -8 262 NOK → -13.7k NOK. Calculated
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↓
Equity eroded
Book equity -7 370 NOK → -21.1k NOK (equity ratio -4.9% → -11.0%). Calculated
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↓
Cash fell
Bank deposits 630.9k NOK → 30 NOK (-100.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.99× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation