Org.nr 820 450 892 2017 → 2018 Year-over-year analysis

123 MASKIN AS: årsregnskap 2018 vs 2017

Grew 541% on revenue

approved 2019-06-30; registry 2019-07-22; journal 2019 763547

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 123 MASKIN AS. Revenue 435 NOK → 2 788 NOK (+540.9%). Equity 0 NOK → -109.6k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 123 MASKIN AS.

Scorecard

Revenue
435 NOK 2 788 NOK
+540.9%
Equity
0 NOK -109.6k NOK
—
Cash
n/m 311.6k NOK
—
Total assets
0 NOK 688.8k NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 435 NOK to 2 788 NOK (+540.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 0 NOK → -109.6k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -15.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 600 NOK → 6 487 NOK (138% → 233% of revenue). Calculated