A MARINE AS: årsregnskap 2018 vs 2017
Grew 45% on revenue, cash halved-plus
approved 2019-06-15; registry 2019-07-31; journal 2019 831231
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A MARINE AS. Revenue 186.8k NOK → 270.2k NOK (+44.7%). Equity 7 356 NOK → 7.12m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A MARINE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 186.8k NOK to 270.2k NOK (+44.7% YoY). Calculated
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↑
Operating result improved
Operating result +57.6k NOK → +111.2k NOK (op. margin 30.9% → 41.2%). Calculated
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↑
Equity strengthened
Book equity 7 356 NOK → 7.12m NOK (equity ratio 2.3% → 3802.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 294.2k NOK → 143.1k NOK (-51.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 110.0k NOK → 34.9k NOK (-68.2% YoY). Calculated