Org.nr 914 812 046 2018 → 2019 Year-over-year analysis

FULLSTACK HOLDING AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, stronger earnings

approved 2020-06-11; registry 2020-09-05; journal 2020 743708

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for FULLSTACK HOLDING AS. Revenue 2 000 NOK → 0 NOK (-100.0%). Net result +3 NOK → +2.06m NOK. Equity 4 820 NOK → 2.07m NOK.

On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened.

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

Scorecard

Revenue
2 000 NOK 0 NOK
-100.0%
Operating result
+1 115 NOK -8 452 NOK
-858.0%
Net result
+3 NOK +2.06m NOK
+68780466.7%
Equity
4 820 NOK 2.07m NOK
+42809.5%
Cash
6 105 NOK 6 108 NOK
+0.0%
Total assets
11.7k NOK 2.08m NOK
+17700.7%

What improved

  • ↑

    Net result improved

    Net result +3 NOK → +2.06m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4 820 NOK → 2.07m NOK (equity ratio 41.2% → 99.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.89× → 1.39×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2 000 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1 115 NOK → -8 452 NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5 600 NOK → 2.06m NOK. Reported fact