7GENERATIONS AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-08-28; registry 2020-09-03; journal 2020 785448
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 7GENERATIONS AS. Revenue 110.0k NOK → 110.0k NOK (0.0%). Equity -2 489 NOK → -2 497 NOK.
Pressures included: operating result weakened; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 7GENERATIONS AS.
At a glance
Scorecard
Revenue
110.0k NOK
110.0k NOK
0.0%
Operating result
+431 NOK
-14.1k NOK
-3371.5%
Net result
n/m
-8 NOK
—
Equity
-2 489 NOK
-2 497 NOK
-0.3%
Cash
13.2k NOK
8 183 NOK
-38.0%
Total assets
41.3k NOK
36.3k NOK
-12.1%
What deteriorated
-
↓
Operating result weakened
Operating result +431 NOK → -14.1k NOK (op. margin 0.4% → -12.8%). Calculated
-
↓
Cash fell
Bank deposits 13.2k NOK → 8 183 NOK (-38.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation