A-REISER AS: årsregnskap 2018 vs 2017
Shrank 24% on revenue, weaker earnings
approved 2019-07-29; registry 2019-08-03; journal 2019 859946
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A-REISER AS. Revenue 2.62m NOK → 2.00m NOK (-23.6%). Net result +219.4k NOK → +170.9k NOK. Equity 1.24m NOK → 1.41m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A-REISER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.24m NOK → 1.41m NOK (equity ratio 94.1% → 93.6%). Calculated
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↑
Cash rose
Bank deposits 1.26m NOK → 1.48m NOK (+17.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.62m NOK to 2.00m NOK (-23.6% YoY). Calculated
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↓
Operating result weakened
Operating result +289.9k NOK → +215.4k NOK (op. margin 11.1% → 10.8%). Calculated
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↓
Net result weakened
Net result +219.4k NOK → +170.9k NOK (net margin 8.4% → 8.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.13m NOK → 1.68m NOK (-20.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3 000 NOK → 12.0k NOK. Reported fact