A JONASSEN AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-06-19; registry 2019-07-02; journal 2019 585805
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A JONASSEN AS. Revenue 2.56m NOK → 2.68m NOK (+4.9%). Net result -700.7k NOK → -194.9k NOK. Equity 8.53m NOK → 339.2k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A JONASSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.56m NOK to 2.68m NOK (+4.9% YoY). Calculated
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↑
Net result improved
Net result -700.7k NOK → -194.9k NOK (net margin -27.4% → -7.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -129.2k NOK → -735.8k NOK (op. margin -5.1% → -27.4%). Calculated
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↓
Equity eroded
Book equity 8.53m NOK → 339.2k NOK (equity ratio 700.5% → 23.9%). Calculated
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↓
Cash fell
Bank deposits 43.1k NOK → 34.1k NOK (-21.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.54× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 240.9k NOK → 1.02m NOK (9% → 38% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.03m NOK → 1.36m NOK (+32.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 10 NOK → 95.0k NOK. Reported fact