Org.nr 917 521 530 2017 → 2018 Year-over-year analysis

A LANGSET AS: årsregnskap 2018 vs 2017

Shrank 66% on revenue, cash halved-plus

approved 2019-06-30; registry 2019-08-01; journal 2019 876814

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A LANGSET AS. Revenue 1.45m NOK → 496.0k NOK (-65.7%). Equity 582.8k NOK → 785.4k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Net tougher year on the published lines.

At a glance

Revenue

1.45m NOK 496.0k NOK

-65.7%

Operating result

n/m 0 NOK

—

Equity

582.8k NOK 785.4k NOK

+34.8%

Cash

312.3k NOK 96.9k NOK

-69.0%

Total assets

1.06m NOK 1.22m NOK

+14.6%

↑
Equity strengthened

Book equity 582.8k NOK → 785.4k NOK (equity ratio 54.9% → 64.5%). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.45m NOK to 496.0k NOK (-65.7% YoY). Calculated
↓
Cash fell

Bank deposits 312.3k NOK → 96.9k NOK (-69.0% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.87× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated