Org.nr 930 664 758 2017 → 2018 Year-over-year analysis

A HILLESTAD AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue

approved 2019-05-06; registry 2019-06-06; journal 2019 386976

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for A HILLESTAD AS. Revenue 41.8k NOK → 0 NOK (-100.0%). Net result +17.5k NOK → +13.5k NOK. Equity 42.37m NOK → 38.88m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
41.8k NOK 0 NOK
-100.0%
Operating result
+189.9k NOK +1 279 NOK
-99.3%
Net result
+17.5k NOK +13.5k NOK
-22.7%
Equity
42.37m NOK 38.88m NOK
-8.2%
Cash
39.1k NOK 25.59m NOK
+65437.0%
Total assets
45.03m NOK 42.92m NOK
-4.7%

What improved

  • ↑

    Cash rose

    Bank deposits 39.1k NOK → 25.59m NOK (+65437.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 41.8k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +189.9k NOK → +1 279 NOK. Calculated

  • ↓

    Net result weakened

    Net result +17.5k NOK → +13.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 42.37m NOK → 38.88m NOK (equity ratio 94.1% → 90.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 450 NOK → 1.43m NOK. Calculated