78 N GRUPPEN AS: årsregnskap 2018 vs 2017
Slipped into loss
approved 2019-04-10; registry 2019-06-24; journal 2019 508211
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 78 N GRUPPEN AS. Net result +14.2k NOK → -348.4k NOK. Equity 68.6k NOK → -279.8k NOK.
On the constructive side: cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 78 N GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 39.7k NOK → 90.2k NOK (+127.0% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 14.2k NOK profit to a loss of 348.4k NOK. Calculated
-
↓
Equity eroded
Book equity 68.6k NOK → -279.8k NOK (equity ratio 22.2% → -36.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -36.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation