FirmaIQ
Org.nr 998 781 558 2016 → 2017 Year-over-year analysis

10/10 TEKSTILTRYKKERI AS: årsregnskap 2017 vs 2016

Grew 17% on revenue, slipped into loss, cash halved-plus

approved 2017-12-31; registry 2018-06-06; journal 2018 420256

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 10/10 TEKSTILTRYKKERI AS. Revenue 1.89m NOK → 2.21m NOK (+16.9%). Net result +48.0k NOK → -66.2k NOK. Equity 0 NOK → 0 NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 10/10 TEKSTILTRYKKERI AS.

At a glance

Scorecard

Revenue
1.89m NOK 2.21m NOK
+16.9%
Operating result
+47.8k NOK -66.2k NOK
-238.7%
Net result
+48.0k NOK -66.2k NOK
-238.0%
Equity
0 NOK 0 NOK
0.0%
Cash
3 000 NOK -2 766 NOK
-192.2%
Total assets
234.0k NOK 150.0k NOK
-35.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.89m NOK to 2.21m NOK (+16.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +47.8k NOK → -66.2k NOK (op. margin 2.5% → -3.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 48.0k NOK profit to a loss of 66.2k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 3 000 NOK → -2 766 NOK (-192.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 652.8k NOK → 103.1k NOK (-84.2% YoY). Calculated