Org.nr 920 641 172 2018 → 2019 Year-over-year analysis

1 TIME AS: årsregnskap 2019 vs 2018

Returned to profit, fresh owner capital

approved 2020-03-20; registry 2020-04-20; journal 2020 297448

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 1 TIME AS. Net result -17.9k NOK → +1.72m NOK. Equity 47.99m NOK → 48.21m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.

Net constructive year on the published lines.

Scorecard

Operating result
-17.9k NOK -95.6k NOK
-434.6%
Net result
-17.9k NOK +1.72m NOK
+9722.7%
Equity
47.99m NOK 48.21m NOK
+0.5%
Cash
13.1k NOK 45.8k NOK
+249.9%
Total assets
13.1k NOK 48.32m NOK
+369106.3%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 17.9k NOK to a profit of 1.72m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 47.99m NOK → 48.21m NOK (equity ratio 366669.6% → 99.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.1k NOK → 45.8k NOK (+249.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 904.0k NOK (+874.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -17.9k NOK → -95.6k NOK. Calculated