A.J. FISHING NORWAY AS: årsregnskap 2018 vs 2017
Shrank 31% on revenue, cash halved-plus
approved 2019-04-07; registry 2019-07-13; journal 2019 706126
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A.J. FISHING NORWAY AS. Revenue 585.6k NOK → 404.9k NOK (-30.8%). Equity 52.9k NOK → 53.4k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
585.6k NOK
404.9k NOK
-30.8%
Operating result
+1 527 NOK
+9 735 NOK
+537.5%
Net result
n/m
+570.7k NOK
—
Equity
52.9k NOK
53.4k NOK
+1.1%
Cash
19.6k NOK
217 NOK
-98.9%
Total assets
160.3k NOK
65.9k NOK
-58.9%
What improved
-
↑
Operating result improved
Operating result +1 527 NOK → +9 735 NOK (op. margin 0.3% → 2.4%). Calculated
-
↑
Payroll decreased
Salary cost 573.8k NOK → 384.7k NOK (98% → 95% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 585.6k NOK to 404.9k NOK (-30.8% YoY). Calculated
-
↓
Cash fell
Bank deposits 19.6k NOK → 217 NOK (-98.9% YoY). Calculated