2FAST AS: årsregnskap 2018 vs 2017
Shrank 11% on revenue
approved 2019-07-29; registry 2019-08-06; journal 2019 876704
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 2FAST AS. Revenue 1.59m NOK → 1.41m NOK (-11.3%). Equity -37.0k NOK → -123.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2FAST AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 113 NOK → 23.4k NOK (+20614.2% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.59m NOK to 1.41m NOK (-11.3% YoY). Calculated
-
↓
Equity eroded
Book equity -37.0k NOK → -123.7k NOK (equity ratio -137.2% → -179.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -179.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation