A OK AS: årsregnskap 2018 vs 2017
Shrank 21% on revenue, stronger earnings, cash halved-plus
approved 2019-06-30; registry 2019-08-08; journal 2019 915757
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A OK AS. Revenue 919.8k NOK → 723.9k NOK (-21.3%). Net result -3.27m NOK → -91.6k NOK. Equity -2.80m NOK → 977.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for A OK AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +10.3k NOK → +20.2k NOK (op. margin 1.1% → 2.8%). Calculated
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Net result improved
Net result -3.27m NOK → -91.6k NOK (net margin -355.0% → -12.7%). Calculated
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Equity strengthened
Book equity -2.80m NOK → 977.4k NOK (equity ratio -71.3% → 27.4%). Calculated
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Payroll decreased
Salary cost 25.9k NOK → -4 987 NOK (3% → -1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 919.8k NOK to 723.9k NOK (-21.3% YoY). Calculated
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↓
Cash fell
Bank deposits 3 353 NOK → 1 252 NOK (-62.7% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 970 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 10.30m NOK → 117.2k NOK (-98.9% YoY). Calculated