Org.nr 990 367 965 2018 → 2019 Year-over-year analysis

2T RÅD AS: årsregnskap 2019 vs 2018

Shrank 13% on revenue, cash halved-plus

approved 2020-03-31; registry 2020-06-18; journal 2020 455827

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2T RÅD AS. Revenue 2.14m NOK → 1.87m NOK (-12.7%). Equity 4.02m NOK → 4.80m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 2T RÅD AS.

At a glance

Revenue

2.14m NOK 1.87m NOK

-12.7%

Operating result

n/m +1.04m NOK

—

Net result

n/m +785.8k NOK

—

Equity

4.02m NOK 4.80m NOK

+19.6%

Cash

1.52m NOK 565.5k NOK

-62.8%

Total assets

5.31m NOK 5.24m NOK

-1.4%

↑
Equity strengthened

Book equity 4.02m NOK → 4.80m NOK (equity ratio 75.6% → 91.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.14m NOK to 1.87m NOK (-12.7% YoY). Calculated
↓
Cash fell

Bank deposits 1.52m NOK → 565.5k NOK (-62.8% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.52m NOK → 565.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation