8 INVEST AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-07-28; registry 2021-08-31; journal 2021 654397
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 8 INVEST AS. Net result -9 NOK → -615.5k NOK. Equity 25.8k NOK → -589.7k NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 8 INVEST AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 4 107 NOK → 14.8k NOK (+260.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -12 NOK → -585.5k NOK. Calculated
-
↓
Net result weakened
Net result -9 NOK → -615.5k NOK. Calculated
-
↓
Equity eroded
Book equity 25.8k NOK → -589.7k NOK (equity ratio 0.6% → -14.5%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.02× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -14.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation