1000 MILE NORGE AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-04-04; registry 2019-04-13; journal 2019 276916
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 1000 MILE NORGE AS. Revenue 94.1k NOK → 93.0k NOK (-1.3%). Net result -378.2k NOK → -179.0k NOK. Equity 93.0k NOK → 5.51m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for 1000 MILE NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -225.3k NOK → -180.8k NOK (op. margin -239.4% → -194.5%). Calculated
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↑
Net result improved
Net result -378.2k NOK → -179.0k NOK (net margin -401.8% → -192.5%). Calculated
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↑
Equity strengthened
Book equity 93.0k NOK → 5.51m NOK (equity ratio 7.4% → 1046.5%). Calculated
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↑
Cash rose
Bank deposits 77.7k NOK → 253.7k NOK (+226.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 25.7k NOK → 2 619 NOK (27% → 3% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 94.1k NOK to 93.0k NOK (-1.3% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 555.0k NOK → 150.7k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 76.6k NOK → 19.1k NOK (-75.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.00m NOK → 1 000 NOK. Reported fact