1-2-TRE AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, cash halved-plus
approved 2019-05-06; registry 2019-06-05; journal 2019 382306
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 1-2-TRE AS. Revenue 69.4k NOK → 0 NOK (-100.0%). Equity -57.3k NOK → -124.9k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1-2-TRE AS.
At a glance
Scorecard
Revenue
69.4k NOK
0 NOK
-100.0%
Operating result
n/m
-80.9k NOK
—
Net result
n/m
-67.6k NOK
—
Equity
-57.3k NOK
-124.9k NOK
-118.0%
Cash
1 746 NOK
289 NOK
-83.4%
Total assets
320.1k NOK
288.3k NOK
-9.9%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 69.4k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Equity eroded
Book equity -57.3k NOK → -124.9k NOK (equity ratio -17.9% → -43.3%). Calculated
-
↓
Cash fell
Bank deposits 1 746 NOK → 289 NOK (-83.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -43.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation