A MATRE INDUSTRITRANSPORT AS: årsregnskap 2018 vs 2017
Shrank 12% on revenue, stronger earnings
approved 2019-05-07; registry 2019-06-08; journal 2019 399924
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A MATRE INDUSTRITRANSPORT AS. Revenue 24.13m NOK → 21.18m NOK (-12.2%). Net result -1.07m NOK → -117.1k NOK. Equity 7.14m NOK → 225.4k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for A MATRE INDUSTRITRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -707.5k NOK → +125.4k NOK (op. margin -2.9% → 0.6%). Calculated
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↑
Net result improved
Net result -1.07m NOK → -117.1k NOK (net margin -4.4% → -0.6%). Calculated
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↑
Cash rose
Bank deposits -553.2k NOK → -506.5k NOK (+8.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 24.13m NOK to 21.18m NOK (-12.2% YoY). Calculated
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↓
Equity eroded
Book equity 7.14m NOK → 225.4k NOK (equity ratio 83.9% → 4.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 300 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 18.9k NOK → 3 762 NOK (-80.1% YoY). Calculated