Org.nr 998 781 558 2017 → 2018 Year-over-year analysis

10/10 TEKSTILTRYKKERI AS: årsregnskap 2018 vs 2017

Stronger earnings

approved 2019-05-20; registry 2019-06-03; journal 2019 470939

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 10/10 TEKSTILTRYKKERI AS. Revenue 2.21m NOK → 2.13m NOK (-3.5%). Net result -66.2k NOK → -12.9k NOK. Equity 0 NOK → 0 NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; cogs moved.

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

Scorecard

Revenue
2.21m NOK 2.13m NOK
-3.5%
Operating result
-66.2k NOK -12.9k NOK
+80.5%
Net result
-66.2k NOK -12.9k NOK
+80.5%
Equity
0 NOK 0 NOK
0.0%
Cash
-2 766 NOK 20.2k NOK
+830.8%
Total assets
150.0k NOK 170.2k NOK
+13.5%

What improved

  • ↑

    Operating result improved

    Operating result -66.2k NOK → -12.9k NOK (op. margin -3.0% → -0.6%). Calculated

  • ↑

    Net result improved

    Net result -66.2k NOK → -12.9k NOK (net margin -3.0% → -0.6%). Calculated

  • ↑

    Cash rose

    Bank deposits -2 766 NOK → 20.2k NOK (+830.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.21m NOK to 2.13m NOK (-3.5% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 103.1k NOK → 443.4k NOK (+330.0% 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