Org.nr 963 301 812 2017 → 2018 Year-over-year analysis

9.NUT AS: årsregnskap 2018 vs 2017

Grew 123% on revenue, returned to profit, fresh owner capital

approved 2019-06-28; registry 2019-08-08; journal 2019 898256

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 9.NUT AS. Revenue 41.1k NOK → 91.6k NOK (+122.7%). Net result -24.7k NOK → +293.2k NOK. Equity -2.52m NOK → -1.21m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 9.NUT AS.

Scorecard

Revenue
41.1k NOK 91.6k NOK
+122.7%
Operating result
-24.7k NOK +5 294 NOK
+121.4%
Net result
-24.7k NOK +293.2k NOK
+1286.0%
Equity
-2.52m NOK -1.21m NOK
+52.1%
Cash
25.0k NOK 15.0k NOK
-40.0%
Total assets
536.3k NOK 871.9k NOK
+62.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.1k NOK to 91.6k NOK (+122.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -24.7k NOK → +5 294 NOK (op. margin -60.1% → 5.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 24.7k NOK to a profit of 293.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -2.52m NOK → -1.21m NOK (equity ratio -470.5% → -138.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.98m NOK → 3.00m NOK (+1.02m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 25.0k NOK → 15.0k NOK (-40.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.74× → 0.28× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 65.9k NOK → 86.3k NOK (160% → 94% of revenue). Calculated