10FOLD AS: årsregnskap 2018 vs 2017
Grew 243% on revenue, cash halved-plus
approved 2019-04-11; registry 2019-05-11; journal 2019 326063
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 10FOLD AS. Revenue 216.0k NOK → 741.0k NOK (+243.1%). Equity 5.10m NOK → 143.6k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
216.0k NOK
741.0k NOK
+243.1%
Operating result
n/m
+51.0k NOK
—
Net result
n/m
+39.3k NOK
—
Equity
5.10m NOK
143.6k NOK
-97.2%
Cash
163.4k NOK
55.4k NOK
-66.1%
Total assets
222.9k NOK
325.8k NOK
+46.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 216.0k NOK to 741.0k NOK (+243.1% YoY). Calculated
-
↑
Payroll decreased
Salary cost 118.2k NOK → 2 NOK (55% → 0% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 5.10m NOK → 143.6k NOK (equity ratio 2290.1% → 44.1%). Calculated
-
↓
Cash fell
Bank deposits 163.4k NOK → 55.4k NOK (-66.1% YoY). Calculated