74 PICTURES AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-08-28; registry 2020-10-01; journal 2020 892122
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 74 PICTURES AS. Equity -86.6k NOK → -107.3k NOK.
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
n/m
534 NOK
—
Operating result
n/m
-20.6k NOK
—
Net result
n/m
-20.6k NOK
—
Equity
-86.6k NOK
-107.3k NOK
-23.8%
Cash
13.4k NOK
13.4k NOK
+0.1%
Total assets
214.6k NOK
138.2k NOK
-35.6%
What deteriorated
-
↓
Equity eroded
Book equity -86.6k NOK → -107.3k NOK (equity ratio -40.4% → -77.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -77.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation