Org.nr 955 497 643 2017 → 2018 Year-over-year analysis

2TAL AS: årsregnskap 2018 vs 2017

Shrank 13% on revenue

approved 2019-06-24; registry 2019-07-04; journal 2019 598964

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 2TAL AS. Revenue 60.10m NOK → 52.00m NOK (-13.5%). Equity 5.13m NOK → 2.97m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 2TAL AS.

At a glance

Revenue

60.10m NOK 52.00m NOK

-13.5%

Net result

n/m -2.16m NOK

—

Equity

5.13m NOK 2.97m NOK

-42.0%

Cash

729.6k NOK 694.3k NOK

-4.8%

Total assets

25.77m NOK 21.52m NOK

-16.5%

↓
Revenue fell

Operating income / revenue moved from 60.10m NOK to 52.00m NOK (-13.5% YoY). Calculated
↓
Equity eroded

Book equity 5.13m NOK → 2.97m NOK (equity ratio 19.9% → 13.8%). Calculated
↓
Cash fell

Bank deposits 729.6k NOK → 694.3k NOK (-4.8% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.00× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS fell

COGS / varekostnad 33.74m NOK → 27.21m NOK (-19.3% YoY). Calculated
·
Book investments changed

Investment / intangible book value 5.84m NOK → 5 837 NOK. Reported fact