4FF EIENDOM AS: årsregnskap 2018 vs 2017
Shrank 71% on revenue, fresh owner capital
approved 2019-07-02; registry 2019-07-22; journal 2019 760595
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 4FF EIENDOM AS. Revenue 140.3k NOK → 40.4k NOK (-71.2%). Net result -1 192 NOK → -7 473 NOK. Equity 793.2k NOK → -6.68m NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4FF EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 4 204 NOK → 864.0k NOK (+20450.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1 985 NOK → 1.99m NOK (+1.98m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 140.3k NOK to 40.4k NOK (-71.2% YoY). Calculated
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↓
Operating result weakened
Operating result -759.3k NOK → -7.18m NOK (op. margin -541.4% → -17748.5%). Calculated
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↓
Net result weakened
Net result -1 192 NOK → -7 473 NOK (net margin -0.8% → -18.5%). Calculated
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↓
Equity eroded
Book equity 793.2k NOK → -6.68m NOK (equity ratio 2.7% → -14.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 793.25× → 0.07× — 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 -14.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation