811 INVEST AS: årsregnskap 2018 vs 2017
Slipped into loss, cash halved-plus
approved 2019-05-10; registry 2019-06-19; journal 2019 480755
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 811 INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +1.44m NOK → -161.0k NOK. Equity 9.78m NOK → 9.11m NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
-109.0k NOK
-60.4k NOK
+44.6%
Net result
+1.44m NOK
-161.0k NOK
-111.2%
Equity
9.78m NOK
9.11m NOK
-6.8%
Cash
645.6k NOK
216.7k NOK
-66.4%
Total assets
12.91m NOK
11.39m NOK
-11.8%
What improved
-
↑
Operating result improved
Operating result -109.0k NOK → -60.4k NOK. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 1.44m NOK profit to a loss of 161.0k NOK. Calculated
-
↓
Equity eroded
Book equity 9.78m NOK → 9.11m NOK (equity ratio 75.7% → 80.0%). Calculated
-
↓
Cash fell
Bank deposits 645.6k NOK → 216.7k NOK (-66.4% YoY). Calculated