67NORTH AS: årsregnskap 2018 vs 2017
Another loss-making year
approved 2019-07-09; registry 2020-09-29; journal 2020 876199
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 67NORTH AS. Equity -161.5k NOK → -205.1k NOK.
Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 67NORTH AS.
At a glance
Scorecard
Net result
n/m
-106.3k NOK
—
Equity
-161.5k NOK
-205.1k NOK
-27.0%
Cash
77 NOK
77 NOK
0.0%
Total assets
122.8k NOK
104.0k NOK
-15.3%
What deteriorated
-
↓
Equity eroded
Book equity -161.5k NOK → -205.1k NOK (equity ratio -131.5% → -197.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -197.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation