10FOLD AS: årsregnskap 2019 vs 2018
Grew 9% on revenue, slipped into loss
approved 2020-04-21; registry 2020-04-27; journal 2020 311523
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 10FOLD AS. Revenue 741.0k NOK → 805.4k NOK (+8.7%). Net result +39.3k NOK → -68.2k NOK. Equity 143.6k NOK → 75.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 741.0k NOK to 805.4k NOK (+8.7% YoY). Calculated
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↑
Cash rose
Bank deposits 55.4k NOK → 181.5k NOK (+227.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +51.0k NOK → -68.7k NOK (op. margin 6.9% → -8.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 39.3k NOK profit to a loss of 68.2k NOK. Calculated
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↓
Equity eroded
Book equity 143.6k NOK → 75.3k NOK (equity ratio 44.1% → 38.8%). Calculated