5K INTERNATIONAL AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-09-28; registry 2020-10-03; journal 2020 902827
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 5K INTERNATIONAL AS. Revenue -80.0k NOK → -80.0k NOK (0.0%). Equity -100.8k NOK → -132.1k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 5K INTERNATIONAL AS.
At a glance
Scorecard
Revenue
-80.0k NOK
-80.0k NOK
0.0%
Operating result
n/m
-31.3k NOK
—
Net result
n/m
-31.3k NOK
—
Equity
-100.8k NOK
-132.1k NOK
-31.1%
Cash
3 462 NOK
1 099 NOK
-68.3%
Total assets
392.2k NOK
382.3k NOK
-2.5%
What deteriorated
-
↓
Equity eroded
Book equity -100.8k NOK → -132.1k NOK (equity ratio -25.7% → -34.6%). Calculated
-
↓
Cash fell
Bank deposits 3 462 NOK → 1 099 NOK (-68.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -34.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation