EMPOWERED AS: årsregnskap 2019 vs 2018
Another loss-making year
approved 2020-02-10; registry 2020-06-20; journal 2020 462354
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for EMPOWERED AS. Net result -9 071 NOK → -11.8k NOK. Equity -29.3k NOK → -41.1k NOK.
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
Operating result
-9 071 NOK
-11.8k NOK
-29.6%
Net result
-9 071 NOK
-11.8k NOK
-29.6%
Equity
-29.3k NOK
-41.1k NOK
-40.1%
Cash
575.6k NOK
575.6k NOK
+0.0%
Total assets
575.6k NOK
575.6k NOK
+0.0%
What deteriorated
-
↓
Operating result weakened
Operating result -9 071 NOK → -11.8k NOK. Calculated
-
↓
Net result weakened
Net result -9 071 NOK → -11.8k NOK. Calculated
-
↓
Equity eroded
Book equity -29.3k NOK → -41.1k NOK (equity ratio -5.1% → -7.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation