Org.nr 912 363 902 2017 → 2018 Year-over-year analysis

4THUNES AS: årsregnskap 2018 vs 2017

Slipped into loss, cash halved-plus

approved 2019-04-29; registry 2019-06-20; journal 2019 483765

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 4THUNES AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +112.2k NOK → -23.4k NOK. Equity 1.12m NOK → 1.10m NOK.

On the constructive side: operating result improved; current ratio back above 1×. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4THUNES AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

-10.9k NOK -3 790 NOK

+65.1%

Net result

+112.2k NOK -23.4k NOK

-120.9%

Equity

1.12m NOK 1.10m NOK

-2.1%

Cash

11.5k NOK 1 064 NOK

-90.7%

Total assets

1.13m NOK 1.13m NOK

-0.7%

↑
Operating result improved

Operating result -10.9k NOK → -3 790 NOK. Calculated
↑
Current ratio back above 1×

Current ratio 0.77× → 35.62×. Calculated

↓
Fell into a net loss

Net result flipped from 112.2k NOK profit to a loss of 23.4k NOK. Calculated
↓
Equity eroded

Book equity 1.12m NOK → 1.10m NOK (equity ratio 98.7% → 97.3%). Calculated
↓
Cash fell

Bank deposits 11.5k NOK → 1 064 NOK (-90.7% YoY). Calculated

·
Book investments changed

Investment / intangible book value 54.9k NOK → 57.2k NOK. Reported fact