FirmaIQ
Org.nr 916 945 671 2017 → 2018 Year-over-year analysis

A GREAT IDEA AS: årsregnskap 2018 vs 2017

Grew 71% on revenue, stronger earnings

approved 2019-02-28; registry 2019-05-27; journal 2019 355282

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A GREAT IDEA AS. Revenue 4.77m NOK → 8.16m NOK (+71.2%). Net result +4.37m NOK → +7.25m NOK. Equity 1.31m NOK → 6.56m NOK.

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

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

At a glance

Scorecard

Revenue
4.77m NOK 8.16m NOK
+71.2%
Operating result
+1 428 NOK +2.54m NOK
+177817.4%
Net result
+4.37m NOK +7.25m NOK
+65.7%
Equity
1.31m NOK 6.56m NOK
+400.3%
Cash
3.91m NOK 2.37m NOK
-39.4%
Total assets
11.85m NOK 18.02m NOK
+52.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.77m NOK to 8.16m NOK (+71.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 428 NOK → +2.54m NOK (op. margin 0.0% → 31.1%). Calculated

  • ↑

    Net result improved

    Net result +4.37m NOK → +7.25m NOK (net margin 91.7% → 88.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.31m NOK → 6.56m NOK (equity ratio 11.1% → 36.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.95× → 1.21×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 3.91m NOK → 2.37m NOK (-39.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 699.6k NOK → 5.02m NOK (+617.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 788 NOK → 4.18m NOK. Reported fact