A-LI DRABANTEN AS: årsregnskap 2018 vs 2017
Shrank 34% on revenue, weaker earnings
approved 2019-06-30; registry 2019-07-27; journal 2019 798624
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A-LI DRABANTEN AS. Revenue 1.76m NOK → 1.16m NOK (-34.0%). Net result +289.0k NOK → +122.6k NOK. Equity -76.3k NOK → -198.9k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-LI DRABANTEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 51.0k NOK → 120.3k NOK (+136.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio -3.10× → 1.56×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.76m NOK to 1.16m NOK (-34.0% YoY). Calculated
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↓
Net result weakened
Net result +289.0k NOK → +122.6k NOK (net margin 16.4% → 10.5%). Calculated
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↓
Equity eroded
Book equity -76.3k NOK → -198.9k NOK (equity ratio -57.9% → -22.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 765.5k NOK (0% → 66% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 562.0k NOK → 308.6k NOK (-45.1% YoY). Calculated