A MADSSTUEN AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2019-06-18; registry 2019-07-01; journal 2019 566218
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A MADSSTUEN AS. Revenue 1.73m NOK → 1.75m NOK (+1.1%). Net result +553.4k NOK → +399.7k NOK. Equity -9.09m NOK → -8.69m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A MADSSTUEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.73m NOK to 1.75m NOK (+1.1% YoY). Calculated
-
↑
Equity strengthened
Book equity -9.09m NOK → -8.69m NOK (equity ratio -417.8% → -374.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.92× → 1.00×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +887.6k NOK → +730.7k NOK (op. margin 51.2% → 41.7%). Calculated
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↓
Net result weakened
Net result +553.4k NOK → +399.7k NOK (net margin 31.9% → 22.8%). Calculated
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↓
Cash fell
Bank deposits 320.0k NOK → 258.6k NOK (-19.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 201.5k NOK → 236.2k NOK (12% → 13% of revenue). Calculated