Org.nr 984 918 623 2017 → 2018 Year-over-year analysis

A. ÅRDAL AS: årsregnskap 2018 vs 2017

Shrank 57% on revenue

approved 2019-05-20; registry 2019-07-02; journal 2019 575219

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for A. ÅRDAL AS. Revenue 1.81m NOK → 777.9k NOK (-57.0%). Net result +229.5k NOK → +253.6k NOK. Equity 3.58m NOK → 3.84m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. ÅRDAL AS.

Scorecard

Revenue
1.81m NOK 777.9k NOK
-57.0%
Operating result
n/m +1.18m NOK
—
Net result
+229.5k NOK +253.6k NOK
+10.5%
Equity
3.58m NOK 3.84m NOK
+7.1%
Cash
411.4k NOK 415.1k NOK
+0.9%
Total assets
31.30m NOK 29.82m NOK
-4.7%

What improved

  • ↑

    Net result improved

    Net result +229.5k NOK → +253.6k NOK (net margin 12.7% → 32.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.58m NOK → 3.84m NOK (equity ratio 11.4% → 12.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 411.4k NOK → 415.1k NOK (+0.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.81m NOK to 777.9k NOK (-57.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 19.54m NOK → 18.54m NOK. Reported fact