10BLANK AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-05-07; registry 2019-06-19; journal 2019 475111
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 10BLANK AS. Equity 30.0k NOK → -38.9k NOK.
On the constructive side: payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 10BLANK AS.
At a glance
Scorecard
Revenue
n/m
208.9k NOK
—
Operating result
n/m
-68.9k NOK
—
Equity
30.0k NOK
-38.9k NOK
-229.7%
Cash
30.0k NOK
20.3k NOK
-32.3%
Total assets
30.0k NOK
21.4k NOK
-28.6%
What improved
-
↑
Payroll decreased
Salary cost 10.19m NOK → 9 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 30.0k NOK → -38.9k NOK (equity ratio 100.0% → -181.7%). Calculated
-
↓
Cash fell
Bank deposits 30.0k NOK → 20.3k NOK (-32.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -181.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation