4TUNE AS: årsregnskap 2019 vs 2018
Grew 750% on revenue, fresh owner capital
approved 2020-09-25; registry 2020-10-17; journal 2020 946493
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4TUNE AS. Revenue 57.5k NOK → 488.8k NOK (+750.0%). Equity -226.0k NOK → -240.6k NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for 4TUNE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 57.5k NOK to 488.8k NOK (+750.0% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 45.0k NOK (+15.0k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity -226.0k NOK → -240.6k NOK (equity ratio -1.4% → -1.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 349.38× → 0.36× — 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 -1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 50.0k NOK → 462.2k NOK (+824.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2 500 NOK → 375.3k NOK. Reported fact