A Amundsen Skotøyforretning AS: årsregnskap 2018 vs 2017
Another loss-making year
approved 2019-06-11; registry 2019-06-24; journal 2019 510568
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A Amundsen Skotøyforretning AS. Revenue 18.69m NOK → 17.81m NOK (-4.7%). Equity 7.48m NOK → 7.01m NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A Amundsen Skotøyforretning AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 170.2k NOK → 668.6k NOK (+292.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 5.82m NOK → 5.44m NOK (31% → 31% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.69m NOK to 17.81m NOK (-4.7% YoY). Calculated
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↓
Operating result weakened
Operating result -153.1k NOK → -420.7k NOK (op. margin -0.8% → -2.4%). Calculated
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↓
Equity eroded
Book equity 7.48m NOK → 7.01m NOK (equity ratio 38.0% → 35.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 8.60m NOK → 8.80m NOK (+2.3% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell -2 100 NOK → -2.10m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 498.0k NOK → 422.1k NOK. Reported fact