A NEW TYPE OF INFINITY AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-08-31; registry 2020-10-03; journal 2020 896160
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A NEW TYPE OF INFINITY AS. Net result +18.3k NOK → +2.57m NOK. Equity 2.80m NOK → 2.42m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A NEW TYPE OF INFINITY AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +18.3k NOK → +2.57m NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -21.6k NOK → -38.9k NOK. Calculated
-
↓
Equity eroded
Book equity 2.80m NOK → 2.42m NOK (equity ratio 99.8% → 66.2%). Calculated
-
↓
Cash fell
Bank deposits 2.22m NOK → 1.50m NOK (-32.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 40.0k NOK → 55.0k NOK. Reported fact