1018 DESIGN AS: årsregnskap 2018 vs 2017
Shrank 98% on revenue, stronger earnings
approved 2019-03-05; registry 2019-03-16; journal 2019 237945
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 1018 DESIGN AS. Revenue 510.5k NOK → 10.4k NOK (-98.0%). Net result +58.2k NOK → +7.20m NOK. Equity 79.6k NOK → 275.0k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +73.8k NOK → +254.9k NOK (op. margin 14.5% → 2456.6%). Calculated
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↑
Net result improved
Net result +58.2k NOK → +7.20m NOK (net margin 11.4% → 69353.7%). Calculated
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Equity strengthened
Book equity 79.6k NOK → 275.0k NOK (equity ratio 31.1% → 57.3%). Calculated
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Cash rose
Bank deposits 120.5k NOK → 296.9k NOK (+146.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 510.5k NOK to 10.4k NOK (-98.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 357 NOK → 640.8k NOK (0% → 6176% of revenue). Calculated