Org.nr 916 467 141 2017 → 2018 Year-over-year analysis

4FRONT AS: årsregnskap 2018 vs 2017

Slipped into loss, cash halved-plus

approved 2018-12-31; registry 2019-08-19; journal 2019 926734

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 4FRONT AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +4 059 NOK → -10.9k NOK. Equity -25.6k NOK → -36.5k NOK.

On the constructive side: 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 4FRONT AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

-10.8k NOK -9 260 NOK

+14.6%

Net result

+4 059 NOK -10.9k NOK

-369.3%

Equity

-25.6k NOK -36.5k NOK

-42.7%

Cash

3 604 NOK 174 NOK

-95.2%

Total assets

20.2k NOK 16.8k NOK

-17.0%

↑
Operating result improved

Operating result -10.8k NOK → -9 260 NOK. Calculated

↓
Fell into a net loss

Net result flipped from 4 059 NOK profit to a loss of 10.9k NOK. Calculated
↓
Equity eroded

Book equity -25.6k NOK → -36.5k NOK (equity ratio -126.7% → -217.9%). Calculated
↓
Cash fell

Bank deposits 3 604 NOK → 174 NOK (-95.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is -217.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation