FirmaIQ
Org.nr 932 404 141 2017 → 2018 Year-over-year analysis

A MIDDELTHON AS: årsregnskap 2018 vs 2017

Grew 10% on revenue, weaker earnings, cash halved-plus

approved 2019-03-16; registry 2019-05-18; journal 2019 340893

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A MIDDELTHON AS. Revenue 2.35m NOK → 2.59m NOK (+10.1%). Net result +841.0k NOK → +527.8k NOK. Equity 6.41m NOK → 6.41m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
2.35m NOK 2.59m NOK
+10.1%
Operating result
+1.22m NOK +997.3k NOK
-18.3%
Net result
+841.0k NOK +527.8k NOK
-37.2%
Equity
6.41m NOK 6.41m NOK
-0.0%
Cash
424.0k NOK 136.0k NOK
-67.9%
Total assets
8.46m NOK 14.98m NOK
+77.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.35m NOK to 2.59m NOK (+10.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.22m NOK → +997.3k NOK (op. margin 51.9% → 38.5%). Calculated

  • ↓

    Net result weakened

    Net result +841.0k NOK → +527.8k NOK (net margin 35.8% → 20.4%). Calculated

  • ↓

    Equity eroded

    Book equity 6.41m NOK → 6.41m NOK (equity ratio 75.7% → 42.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 424.0k NOK → 136.0k NOK (-67.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 7 134 NOK → 65.2k NOK (+813.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.95m NOK → 2.00m NOK. Reported fact