74 PICTURES AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-06-26; registry 2019-07-15; journal 2019 722906
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 74 PICTURES AS. Equity -81.8k NOK → -86.6k 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 74 PICTURES AS.
At a glance
Scorecard
Revenue
-23.0k NOK
n/m
—
Operating result
-16.4k NOK
n/m
—
Equity
-81.8k NOK
-86.6k NOK
-5.9%
Cash
1 774 NOK
13.4k NOK
+653.7%
Total assets
207.8k NOK
214.6k NOK
+3.3%
What improved
-
↑
Cash rose
Bank deposits 1 774 NOK → 13.4k NOK (+653.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -81.8k NOK → -86.6k NOK (equity ratio -39.4% → -40.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -40.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation