1T TØMRER AS: årsregnskap 2018 vs 2017
Shrank 59% on revenue
approved 2019-06-17; registry 2019-06-27; journal 2019 551599
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 1T TØMRER AS. Revenue 2.84m NOK → 1.16m NOK (-59.0%). Equity 237.9k NOK → -7 501 NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 1T TØMRER AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.84m NOK to 1.16m NOK (-59.0% YoY). Calculated
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↓
Equity eroded
Book equity 237.9k NOK → -7 501 NOK (equity ratio 26.3% → -1.1%). Calculated
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↓
Cash fell
Bank deposits 271.6k NOK → 159.6k NOK (-41.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.78× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 3.76m NOK → 3.99m NOK (132% → 343% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 1.65m NOK → 98.7k NOK (-94.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 72.7k NOK → 128.0k NOK. Reported fact