FirmaIQ
Org.nr 995 188 961 2017 → 2018 Year-over-year analysis

2020PARK 01 AS: årsregnskap 2018 vs 2017

Shrank 10% on revenue, weaker earnings, cash halved-plus

approved 2019-02-15; registry 2019-07-27; journal 2019 800820

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 2020PARK 01 AS. Revenue 40.33m NOK → 36.37m NOK (-9.8%). Net result +9.77m NOK → +7.05m NOK. Equity 4.35bn NOK → 4.35bn NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2020PARK 01 AS.

At a glance

Scorecard

Revenue
40.33m NOK 36.37m NOK
-9.8%
Net result
+9.77m NOK +7.05m NOK
-27.8%
Equity
4.35bn NOK 4.35bn NOK
+0.0%
Cash
41.45m NOK 18.15m NOK
-56.2%
Total assets
403.67m NOK 386.03m NOK
-4.4%

What improved

  • ↑

    Equity strengthened

    Book equity 4.35bn NOK → 4.35bn NOK (equity ratio 1077.6% → 1126.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 40.33m NOK to 36.37m NOK (-9.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +9.77m NOK → +7.05m NOK (net margin 24.2% → 19.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 41.45m NOK → 18.15m NOK (-56.2% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 8.41m NOK → 8.80m NOK (+4.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.90m NOK → 2.73m NOK. Reported fact