EMPOWERED AS: årsregnskap 2018 vs 2017
Another loss-making year
approved 2019-05-07; registry 2019-06-08; journal 2019 395042
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for EMPOWERED AS. Net result -5 531 NOK → -9 071 NOK. Equity -20.3k NOK → -29.3k 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 EMPOWERED AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 574.6k NOK → 575.6k NOK (+0.2% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -5 532 NOK → -9 071 NOK. Calculated
-
↓
Net result weakened
Net result -5 531 NOK → -9 071 NOK. Calculated
-
↓
Equity eroded
Book equity -20.3k NOK → -29.3k NOK (equity ratio -3.5% → -5.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation