Org.nr 991 891 684 2017 → 2018 Year-over-year analysis

A. NEGAARD AS: årsregnskap 2018 vs 2017

Another loss-making year

approved 2019-06-21; registry 2019-07-06; journal 2019 632161

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A. NEGAARD AS. Revenue 1 NOK → 1 NOK (0.0%). Equity 12.75m NOK → 11.56m NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for A. NEGAARD AS.

At a glance

Revenue

1 NOK 1 NOK

0.0%

Operating result

+312.4k NOK -213.1k NOK

-168.2%

Net result

n/m -192.8k NOK

—

Equity

12.75m NOK 11.56m NOK

-9.4%

Cash

9 520 NOK 12.8k NOK

+34.5%

Total assets

1.82m NOK 1.49m NOK

-17.8%

↓
Operating result weakened

Operating result +312.4k NOK → -213.1k NOK (op. margin 31235000.0% → -21309400.0%). Calculated
↓
Equity eroded

Book equity 12.75m NOK → 11.56m NOK (equity ratio 702.4% → 774.1%). Calculated
↓
Current ratio dropped below 1×

Current ratio 2.55× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 423.9k NOK → 541.4k NOK (42386200% → 54141000% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 23.1k NOK → 39.6k NOK (+71.5% YoY). Calculated