Org.nr 920 047 084 2017 → 2018 Year-over-year analysis

7KIDS-EIGEDOM AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2019-06-05; registry 2019-06-24; journal 2019 507311

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 7KIDS-EIGEDOM AS. Revenue 0 NOK → 48.5k NOK. Equity 436.0k NOK → -114.8k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 7KIDS-EIGEDOM AS.

At a glance

Revenue

0 NOK 48.5k NOK

—

Operating result

0 NOK -477.5k NOK

—

Net result

n/m -528.2k NOK

—

Equity

436.0k NOK -114.8k NOK

-126.3%

Cash

407.7k NOK 118.3k NOK

-71.0%

Total assets

436.0k NOK 649.9k NOK

+49.1%

↑
Revenue rose

Operating income / revenue moved from 0 NOK to 48.5k NOK. Calculated

↓
Operating result weakened

Operating result 0 NOK → -477.5k NOK. Calculated
↓
Equity eroded

Book equity 436.0k NOK → -114.8k NOK (equity ratio 100.0% → -17.7%). Calculated
↓
Cash fell

Bank deposits 407.7k NOK → 118.3k NOK (-71.0% YoY). Calculated

·
Thin equity buffer

Equity ratio is -17.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation