2 ROM OG KJØKKEN AS: årsregnskap 2019 vs 2018
Grew 964% on revenue, cash halved-plus
approved 2020-06-30; registry 2020-09-28; journal 2020 876517
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 2 ROM OG KJØKKEN AS. Revenue 421.9k NOK → 4.49m NOK (+964.4%). Equity -802.8k NOK → -1.32m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 2 ROM OG KJØKKEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 421.9k NOK to 4.49m NOK (+964.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 944.2k NOK → 126.3k NOK (224% → 3% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity -802.8k NOK → -1.32m NOK (equity ratio -20.2% → -66.1%). Calculated
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↓
Cash fell
Bank deposits 302.1k NOK → 49.6k NOK (-83.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.14× → 0.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -66.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 236.8k NOK → 1.90m NOK (+700.3% YoY). Calculated