10/10 TEKSTILTRYKKERI AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-05-20; registry 2019-06-03; journal 2019 470939
Summary
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.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -66.2k NOK → -12.9k NOK (op. margin -3.0% → -0.6%). Calculated
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↑
Net result improved
Net result -66.2k NOK → -12.9k NOK (net margin -3.0% → -0.6%). Calculated
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↑
Cash rose
Bank deposits -2 766 NOK → 20.2k NOK (+830.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.21m NOK to 2.13m NOK (-3.5% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 103.1k NOK → 443.4k NOK (+330.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation