FirmaIQ
Org.nr 920 243 258 2018 → 2019 Year-over-year analysis

2LATE AS: årsregnskap 2019 vs 2018

Shrank 97% on revenue, slipped into loss

approved 2020-01-12; registry 2020-02-18; journal 2020 211120

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2LATE AS. Revenue 169.5k NOK → 4 950 NOK (-97.1%). Net result +131.4k NOK → -55.2k NOK. Equity 4.13m NOK → 100.7k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
169.5k NOK 4 950 NOK
-97.1%
Operating result
+131.4k NOK -25.0k NOK
-119.0%
Net result
+131.4k NOK -55.2k NOK
-142.0%
Equity
4.13m NOK 100.7k NOK
-97.6%
Cash
128.0k NOK 104.9k NOK
-18.0%
Total assets
155.8k NOK 106.0k NOK
-32.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 169.5k NOK to 4 950 NOK (-97.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +131.4k NOK → -25.0k NOK (op. margin 77.5% → -505.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 131.4k NOK profit to a loss of 55.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.13m NOK → 100.7k NOK (equity ratio 2647.4% → 94.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 128.0k NOK → 104.9k NOK (-18.0% YoY). Calculated