5 STAR AS: årsregnskap 2018 vs 2017
Shrank 59% on revenue, slipped into loss
approved 2019-05-28; registry 2019-06-15; journal 2019 437816
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 5 STAR AS. Revenue 1.08m NOK → 443.8k NOK (-58.8%). Net result +36.4k NOK → -118.3k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 5 STAR AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 182.7k NOK → 254.8k NOK (+39.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.13m NOK → 1 NOK (291% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.08m NOK to 443.8k NOK (-58.8% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 36.4k NOK profit to a loss of 118.3k NOK. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 740.3k NOK → 205.1k NOK (-72.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 30.0k NOK → -160.0k NOK. Reported fact