Org.nr 835 000 702 2017 → 2018 Year-over-year analysis

A MARKUSSEN AS: årsregnskap 2018 vs 2017

Shrank 23% on revenue

approved 2019-06-28; registry 2019-07-30; journal 2019 813502

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A MARKUSSEN AS. Revenue 74.75m NOK → 57.23m NOK (-23.4%). Equity 11.33m NOK → 10.86m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A MARKUSSEN AS.

At a glance

Revenue

74.75m NOK 57.23m NOK

-23.4%

Operating result

+3.64m NOK -4.36m NOK

-219.7%

Net result

n/m -3.47m NOK

—

Equity

11.33m NOK 10.86m NOK

-4.1%

Cash

8.64m NOK 5.33m NOK

-38.3%

Total assets

24.34m NOK 24.82m NOK

+2.0%

↑
Payroll decreased

Salary cost 21.80m NOK → 19.92m NOK (29% → 35% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 74.75m NOK to 57.23m NOK (-23.4% YoY). Calculated
↓
Operating result weakened

Operating result +3.64m NOK → -4.36m NOK (op. margin 4.9% → -7.6%). Calculated
↓
Equity eroded

Book equity 11.33m NOK → 10.86m NOK (equity ratio 46.5% → 43.8%). Calculated
↓
Cash fell

Bank deposits 8.64m NOK → 5.33m NOK (-38.3% YoY). Calculated

·
COGS fell

COGS / varekostnad 32.77m NOK → 26.08m NOK (-20.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 289.8k NOK → 119.8k NOK. Reported fact