Org.nr 992 633 956 2017 → 2018 Year-over-year analysis

A. ØSTVAAG AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-06-30; registry 2019-08-05; journal 2019 856812

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A. ØSTVAAG AS. Net result +2.31m NOK → +57.5k NOK. Equity 14.13m NOK → 13.39m NOK.

On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

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

At a glance

Operating result

-15.9k NOK -5 238 NOK

+67.1%

Net result

+2.31m NOK +57.5k NOK

-97.5%

Equity

14.13m NOK 13.39m NOK

-5.3%

Cash

8.39m NOK 4.23m NOK

-49.6%

Total assets

14.13m NOK 13.39m NOK

-5.3%

↑
Operating result improved

Operating result -15.9k NOK → -5 238 NOK. Calculated

↓
Net result weakened

Net result +2.31m NOK → +57.5k NOK. Calculated
↓
Equity eroded

Book equity 14.13m NOK → 13.39m NOK (equity ratio 100.0% → 100.0%). Calculated
↓
Cash fell

Bank deposits 8.39m NOK → 4.23m NOK (-49.6% YoY). Calculated

·
Book investments changed

Investment / intangible book value 2.96m NOK → 2 NOK. Reported fact