FirmaIQ
Org.nr 990 012 237 2016 → 2017 Year-over-year analysis

10COM AS: årsregnskap 2017 vs 2016

Shrank 88% on revenue, slipped into loss

approved 2018-05-16; registry 2018-06-09; journal 2018 440828

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 10COM AS. Revenue 951.8k NOK → 110.0k NOK (-88.4%). Net result +388.3k NOK → -357.8k NOK. Equity 785.9k NOK → 428.1k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; fell into a net loss; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
951.8k NOK 110.0k NOK
-88.4%
Net result
+388.3k NOK -357.8k NOK
-192.1%
Equity
785.9k NOK 428.1k NOK
-45.5%
Cash
500.5k NOK 1.14m NOK
+128.4%
Total assets
548.8k NOK 1.19m NOK
+115.9%

What improved

  • ↑

    Cash rose

    Bank deposits 500.5k NOK → 1.14m NOK (+128.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.66× → 1.51×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 951.8k NOK to 110.0k NOK (-88.4% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 388.3k NOK profit to a loss of 357.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 785.9k NOK → 428.1k NOK (equity ratio 143.2% → 36.1%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 300.0k NOK → 462.5k NOK (+54.2% YoY). Calculated