A.FERKINGSTAD INVEST AS: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-05-31; registry 2019-06-22; journal 2019 501115
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A.FERKINGSTAD INVEST AS. Equity 19.90m NOK → 17.28m NOK.
Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A.FERKINGSTAD INVEST AS.
At a glance
Scorecard
Operating result
-15.7k NOK
-16.4k NOK
-4.6%
Net result
n/m
+25.1k NOK
—
Equity
19.90m NOK
17.28m NOK
-13.2%
Cash
1.14m NOK
37.3k NOK
-96.7%
Total assets
19.96m NOK
17.32m NOK
-13.2%
What deteriorated
-
↓
Operating result weakened
Operating result -15.7k NOK → -16.4k NOK. Calculated
-
↓
Equity eroded
Book equity 19.90m NOK → 17.28m NOK (equity ratio 99.7% → 99.7%). Calculated
-
↓
Cash fell
Bank deposits 1.14m NOK → 37.3k NOK (-96.7% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.14m NOK → 37.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation