2TAL EIENDOMMER AS: årsregnskap 2018 vs 2017
Slipped into loss, cash halved-plus
approved 2019-06-30; registry 2019-08-06; journal 2019 873982
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 2TAL EIENDOMMER AS. Revenue 0 NOK → 622.0k NOK. Net result +1 638 NOK → -45.4k NOK. Equity 21.6k NOK → -23.8k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2TAL EIENDOMMER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 622.0k NOK. Calculated
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↑
Operating result improved
Operating result -860 NOK → +6 609 NOK. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 1 638 NOK profit to a loss of 45.4k NOK. Calculated
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↓
Equity eroded
Book equity 21.6k NOK → -23.8k NOK (equity ratio 67.2% → -0.8%). Calculated
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↓
Cash fell
Bank deposits 29.7k NOK → 3 599 NOK (-87.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.81× → 0.37× — 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 -0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation