A.R. CONSULTING AS: årsregnskap 2018 vs 2017
Grew 71714% on revenue, slipped into loss
approved 2019-03-30; registry 2019-05-18; journal 2019 336661
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A.R. CONSULTING AS. Revenue 308.9k NOK → 221.80m NOK (+71714.3%). Net result +124.9k NOK → -137.2k NOK. Equity -75.4k NOK → -212.6k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A.R. CONSULTING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 308.9k NOK to 221.80m NOK (+71714.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.42× → 1.49×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +163.4k NOK → -178.5k NOK (op. margin 52.9% → -0.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 124.9k NOK profit to a loss of 137.2k NOK. Calculated
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↓
Equity eroded
Book equity -75.4k NOK → -212.6k NOK (equity ratio -27.4% → -1026.8%). Calculated
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↓
Cash fell
Bank deposits 19.9k NOK → 11.7k NOK (-41.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1026.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 98.0k NOK → 354.2k NOK (+261.3% YoY). Calculated