Org.nr 918 774 459 2017 → 2018 Year-over-year analysis

150 YARDS AHEAD AS: årsregnskap 2018 vs 2017

Grew 489% on revenue

approved 2019-06-30; registry 2019-08-08; journal 2019 905532

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 150 YARDS AHEAD AS. Revenue 50.9k NOK → 300.1k NOK (+489.2%). Equity -175.2k NOK → -693.6k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 150 YARDS AHEAD AS.

At a glance

Revenue

50.9k NOK 300.1k NOK

+489.2%

Operating result

n/m -513.8k NOK

—

Net result

n/m -518.3k NOK

—

Equity

-175.2k NOK -693.6k NOK

-295.8%

Cash

53.3k NOK n/m

—

Total assets

102.4k NOK 3 167 NOK

-96.9%

↑
Revenue rose

Operating income / revenue moved from 50.9k NOK to 300.1k NOK (+489.2% YoY). Calculated

↓
Equity eroded

Book equity -175.2k NOK → -693.6k NOK (equity ratio -171.1% → -21899.5%). Calculated

·
Thin equity buffer

Equity ratio is -21899.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 92.2k NOK → 542.6k NOK (+488.7% YoY). Calculated