9 & THE BALD AS: årsregnskap 2019 vs 2018
Weaker earnings
approved 2020-06-29; registry 2020-07-06; journal 2020 544161
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 9 & THE BALD AS. Net result +4.68m NOK → +3.24m NOK. Equity 6.73m NOK → 5.39m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-13.2k NOK
-11.2k NOK
+14.9%
Net result
+4.68m NOK
+3.24m NOK
-30.8%
Equity
6.73m NOK
5.39m NOK
-19.8%
Cash
499.2k NOK
435.5k NOK
-12.8%
Total assets
7.62m NOK
8.83m NOK
+15.9%
What improved
-
↑
Operating result improved
Operating result -13.2k NOK → -11.2k NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result +4.68m NOK → +3.24m NOK. Calculated
-
↓
Equity eroded
Book equity 6.73m NOK → 5.39m NOK (equity ratio 88.2% → 61.1%). Calculated
-
↓
Cash fell
Bank deposits 499.2k NOK → 435.5k NOK (-12.8% YoY). Calculated