Org.nr 910 774 115 2017 → 2018 Year-over-year analysis

A BRANDTH AS: årsregnskap 2018 vs 2017

Shrank 76% on revenue

approved 2019-08-09; registry 2019-08-21; journal 2019 925766

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A BRANDTH AS. Revenue 18.42m NOK → 4.46m NOK (-75.8%). Equity 2.41m NOK → 1.69m NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

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

At a glance

Revenue

18.42m NOK 4.46m NOK

-75.8%

Operating result

+787.7k NOK n/m

—

Net result

+4.93m NOK n/m

—

Equity

2.41m NOK 1.69m NOK

-29.9%

Cash

3.76m NOK 3.90m NOK

+3.7%

Total assets

9.42m NOK 3.43m NOK

-63.6%

↑
Cash rose

Bank deposits 3.76m NOK → 3.90m NOK (+3.7% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 76.7k NOK → 79.7k NOK (+3 020 NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 18.42m NOK to 4.46m NOK (-75.8% YoY). Calculated
↓
Equity eroded

Book equity 2.41m NOK → 1.69m NOK (equity ratio 25.6% → 49.3%). Calculated
↓
Payroll up without matching revenue

Salary cost 2.79m NOK → 9.12m NOK (15% → 204% of revenue). Calculated

·
COGS fell

COGS / varekostnad 13.03m NOK → 2.49m NOK (-80.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 36.7k NOK → 27.6k NOK. Reported fact