FirmaIQ
Org.nr 990 728 186 2017 → 2018 Year-over-year analysis

1,5 HOLDING AS: årsregnskap 2018 vs 2017

Grew 14% on revenue, cash halved-plus

approved 2019-06-28; registry 2019-07-10; journal 2019 667428

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 1,5 HOLDING AS. Revenue 10.70m NOK → 12.20m NOK (+14.1%). Net result +8.08m NOK → +9.35m NOK. Equity 16.13m NOK → 17.47m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 1,5 HOLDING AS.

At a glance

Scorecard

Revenue
10.70m NOK 12.20m NOK
+14.1%
Operating result
+10.66m NOK +12.17m NOK
+14.1%
Net result
+8.08m NOK +9.35m NOK
+15.7%
Equity
16.13m NOK 17.47m NOK
+8.3%
Cash
1.71m NOK 165.4k NOK
-90.3%
Total assets
24.91m NOK 27.14m NOK
+9.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.70m NOK to 12.20m NOK (+14.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.66m NOK → +12.17m NOK (op. margin 99.7% → 99.7%). Calculated

  • ↑

    Net result improved

    Net result +8.08m NOK → +9.35m NOK (net margin 75.6% → 76.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 16.13m NOK → 17.47m NOK (equity ratio 64.8% → 64.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.71m NOK → 165.4k NOK (-90.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.71m NOK → 165.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 18.27m NOK → 21.24m NOK. Reported fact