1.618 GROUP AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-06-26; registry 2019-07-06; journal 2019 637113
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 1.618 GROUP AS. Revenue 2.24m NOK → 2.33m NOK (+3.9%). Equity -31.1k NOK → 173.7k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
2.24m NOK
2.33m NOK
+3.9%
Operating result
+232.2k NOK
n/m
—
Net result
+229.7k NOK
n/m
—
Equity
-31.1k NOK
173.7k NOK
+659.1%
Cash
140.4k NOK
138.8k NOK
-1.1%
Total assets
440.8k NOK
507.5k NOK
+15.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.24m NOK to 2.33m NOK (+3.9% YoY). Calculated
-
↑
Equity strengthened
Book equity -31.1k NOK → 173.7k NOK (equity ratio -7.0% → 34.2%). Calculated
-
↑
Payroll decreased
Salary cost 405.1k NOK → 354.5k NOK (18% → 15% of revenue). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 140.4k NOK → 138.8k NOK (-1.1% YoY). Calculated