Org.nr 981 348 532 2017 → 2018 Year-over-year analysis

A M HANSEN MASKINERING AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-05-28; registry 2019-06-19; journal 2019 467803

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for A M HANSEN MASKINERING AS. Revenue 4.68m NOK → 4.52m NOK (-3.3%). Equity 45.2k NOK → 1.02m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A M HANSEN MASKINERING AS.

Scorecard

Revenue
4.68m NOK 4.52m NOK
-3.3%
Operating result
+128.0k NOK -6 951 NOK
-105.4%
Net result
+124.5k NOK n/m
—
Equity
45.2k NOK 1.02m NOK
+2160.3%
Cash
337.2k NOK 533.9k NOK
+58.3%
Total assets
1.67m NOK 1.64m NOK
-2.2%

What improved

  • ↑

    Equity strengthened

    Book equity 45.2k NOK → 1.02m NOK (equity ratio 2.7% → 62.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 337.2k NOK → 533.9k NOK (+58.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.54× → 2.11×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.68m NOK to 4.52m NOK (-3.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +128.0k NOK → -6 951 NOK (op. margin 2.7% → -0.2%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 372.2k NOK → 1.36m NOK (+266.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 126.5k NOK → 95.5k NOK. Reported fact