INSANIA AS: årsregnskap 2018 vs 2017
Slipped into loss
approved 2019-06-30; registry 2019-07-20; journal 2019 758767
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for INSANIA AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +106.9k NOK → -33.4k NOK. Equity 32.9k NOK → -504 NOK.
On the constructive side: cash rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for INSANIA AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 13.7k NOK → 16.1k NOK (+17.9% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 106.9k NOK profit to a loss of 33.4k NOK. Calculated
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↓
Equity eroded
Book equity 32.9k NOK → -504 NOK (equity ratio 4.5% → -0.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation