Org.nr 918 391 983 2017 → 2018 Year-over-year analysis

1OFFSHORE AS: årsregnskap 2018 vs 2017

Grew 67480% on revenue, weaker earnings, fresh owner capital

approved 2019-03-04; registry 2019-06-12; journal 2019 408668

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 1OFFSHORE AS. Revenue 4 025 NOK → 2.72m NOK (+67479.9%). Net result -35.8k NOK → -1.79m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 1OFFSHORE AS.

Scorecard

Revenue
4 025 NOK 2.72m NOK
+67479.9%
Operating result
-19.4k NOK -1.78m NOK
-9097.7%
Net result
-35.8k NOK -1.79m NOK
-4905.0%
Cash
129.4k NOK 129.5k NOK
+0.1%
Total assets
886.4k NOK 340.6k NOK
-61.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 025 NOK to 2.72m NOK (+67479.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 60.0k NOK (+30.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -19.4k NOK → -1.78m NOK (op. margin -481.2% → -65.5%). Calculated

  • ↓

    Net result weakened

    Net result -35.8k NOK → -1.79m NOK (net margin -888.8% → -65.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 618 NOK → 3.65m NOK (65% → 134% of revenue). Calculated