I am not completely sure, but this is how I would order these events:
Viola enters Orsino's court dressed as a male.
Olivia asks Cesario about his parentage.
Feste returns the ring to Cesario that Orsino had given to Olivia.
Sebastian reveals to Antonio that he has a twin sister.
Malvolio makes a fool of himself in front of Olivia.
Antonio offers to take Cesario's place in the duel.
The significance of the sentence is that the possibilities for survival are not almost non-existent.
<span>if your talking about traslations its comrade</span>