Org.nr 993 410 489 2017 → 2018 Year-over-year analysis

1912 NÆRING 1 AS: årsregnskap 2018 vs 2017

Grew 569900% on revenue, weaker earnings

approved 2019-03-20; registry 2019-06-26; journal 2019 532892

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 1912 NÆRING 1 AS. Revenue 1 NOK → 5 700 NOK (+569900.0%). Net result -171.8k NOK → -433.6k NOK. Equity 2.01m NOK → 1.08m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for 1912 NÆRING 1 AS.

Scorecard

Revenue
1 NOK 5 700 NOK
+569900.0%
Operating result
-205.0k NOK n/m
—
Net result
-171.8k NOK -433.6k NOK
-152.4%
Equity
2.01m NOK 1.08m NOK
-46.1%
Cash
630 NOK 2 747 NOK
+336.0%
Total assets
18.62m NOK 23.78m NOK
+27.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 NOK to 5 700 NOK (+569900.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 630 NOK → 2 747 NOK (+336.0% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -171.8k NOK → -433.6k NOK (net margin -17178200.0% → -7607.8%). Calculated

  • ↓

    Equity eroded

    Book equity 2.01m NOK → 1.08m NOK (equity ratio 10.8% → 4.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.01m NOK → 1.08m NOK — check capital reduction, conversion, or reclassification. Interpretation