00NATION AS: årsregnskap 2018 vs 2017
Grew 194% on revenue, weaker earnings, fresh owner capital
approved 2019-06-17; registry 2019-07-09; journal 2019 651305
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 00NATION AS. Revenue 722 NOK → 2 125 NOK (+194.3%). Net result -109.5k NOK → -7.91m NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 00NATION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 722 NOK to 2 125 NOK (+194.3% YoY). Calculated
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↑
Cash rose
Bank deposits 7 445 NOK → 260.8k NOK (+3403.5% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 7 530 NOK → 7.53m NOK (+7.52m NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -109.5k NOK → -7.91m NOK (net margin -15172.3% → -372100.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 100.91× → 0.68× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 143 NOK → 6.10m NOK (158% → 287102% of revenue). Calculated