Org.nr 914 074 045 2018 → 2019 Year-over-year analysis

FURUSETH ASSETS AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-07-17; registry 2020-09-01; journal 2020 723689

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for FURUSETH ASSETS AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 620.1k NOK → 610.6k NOK.

On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for FURUSETH ASSETS AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

-26.4k NOK -15.9k NOK

+39.8%

Net result

n/m -9 431 NOK

—

Equity

620.1k NOK 610.6k NOK

-1.5%

Cash

13.0k NOK 16.9k NOK

+29.6%

Total assets

1.25m NOK 1.85m NOK

+48.1%

↑
Operating result improved

Operating result -26.4k NOK → -15.9k NOK. Calculated
↑
Cash rose

Bank deposits 13.0k NOK → 16.9k NOK (+29.6% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.02× → 1.14×. Calculated

↓
Equity eroded

Book equity 620.1k NOK → 610.6k NOK (equity ratio 49.8% → 33.1%). Calculated

·
Book investments changed

Investment / intangible book value 1.23m NOK → 1.58m NOK. Reported fact