FURUSETH ASSETS AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-08-03; registry 2021-08-10; journal 2021 619372
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for FURUSETH ASSETS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -9 431 NOK → -3 561 NOK. Equity 610.6k NOK → 607.1k NOK.
On the constructive side: net result improved; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for FURUSETH ASSETS AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -9 431 NOK → -3 561 NOK. Calculated
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↑
Cash rose
Bank deposits 16.9k NOK → 97.6k NOK (+479.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -15.9k NOK → -34.9k NOK. Calculated
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↓
Equity eroded
Book equity 610.6k NOK → 607.1k NOK (equity ratio 33.1% → 28.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.14× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.58m NOK → 1 578 NOK. Reported fact