A-OPTIKK AS: årsregnskap 2018 vs 2017
Shrank 10% on revenue, cash halved-plus
approved 2019-06-07; registry 2019-08-05; journal 2019 861120
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A-OPTIKK AS. Revenue 9.22m NOK → 8.29m NOK (-10.2%). Equity -466.8k NOK → -767.2k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for A-OPTIKK AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 9.22m NOK to 8.29m NOK (-10.2% YoY). Calculated
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Equity eroded
Book equity -466.8k NOK → -767.2k NOK (equity ratio -11.7% → -23.1%). Calculated
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Cash fell
Bank deposits 4.10m NOK → 55.2k NOK (-98.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 3 NOK → 2.03m NOK (0% → 25% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -23.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (4.10m NOK → 55.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 5.11m NOK → 4.11m NOK (-19.6% YoY). Calculated