1ELEKTRIKER AS: årsregnskap 2018 vs 2017
Shrank 84% on revenue, cash halved-plus
approved 2019-06-30; registry 2019-08-03; journal 2019 859208
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 1ELEKTRIKER AS. Revenue 761.0k NOK → 118.6k NOK (-84.4%). Net result +149.3k NOK → +152.8k NOK. Equity 13.27m NOK → 13.12m NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1ELEKTRIKER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +1 146 NOK → +153.12m NOK (op. margin 0.2% → 129118.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 761.0k NOK to 118.6k NOK (-84.4% YoY). Calculated
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↓
Equity eroded
Book equity 13.27m NOK → 13.12m NOK (equity ratio 2977.6% → 8972.8%). Calculated
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↓
Cash fell
Bank deposits 341.6k NOK → 73.8k NOK (-78.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 221.6k NOK → 18.9k NOK (-91.5% YoY). Calculated