Org.nr 887 468 222 2017 → 2018 Year-over-year analysis

5K INTERNATIONAL AS: årsregnskap 2018 vs 2017

Shrank 153% on revenue, cash halved-plus

approved 2019-06-30; registry 2019-08-06; journal 2019 885520

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 5K INTERNATIONAL AS. Revenue 150.0k NOK → -80.0k NOK (-153.3%). Equity -48.7k NOK → -100.8k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 5K INTERNATIONAL AS.

At a glance

Revenue

150.0k NOK -80.0k NOK

-153.3%

Equity

-48.7k NOK -100.8k NOK

-107.1%

Cash

9 034 NOK 3 462 NOK

-61.7%

Total assets

430.7k NOK 392.2k NOK

-8.9%

↓
Revenue fell

Operating income / revenue moved from 150.0k NOK to -80.0k NOK (-153.3% YoY). Calculated
↓
Equity eroded

Book equity -48.7k NOK → -100.8k NOK (equity ratio -11.3% → -25.7%). Calculated
↓
Cash fell

Bank deposits 9 034 NOK → 3 462 NOK (-61.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is -25.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation