FirmaIQ
Org.nr 989 041 312 2017 → 2018 Year-over-year analysis

A REME AS: årsregnskap 2018 vs 2017

Shrank 33% on revenue, weaker earnings, cash halved-plus

approved 2019-05-31; registry 2019-06-29; journal 2019 553144

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A REME AS. Revenue 6.67m NOK → 4.46m NOK (-33.1%). Net result +6.08m NOK → +3.85m NOK. Equity 25.79m NOK → 21.94m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A REME AS.

At a glance

Scorecard

Revenue
6.67m NOK 4.46m NOK
-33.1%
Operating result
+6.29m NOK +3.99m NOK
-36.6%
Net result
+6.08m NOK +3.85m NOK
-36.7%
Equity
25.79m NOK 21.94m NOK
-14.9%
Cash
3.37m NOK 483.2k NOK
-85.7%
Total assets
33.19m NOK 29.42m NOK
-11.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 35.1k NOK → 2 NOK (1% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.67m NOK to 4.46m NOK (-33.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.29m NOK → +3.99m NOK (op. margin 94.2% → 89.3%). Calculated

  • ↓

    Net result weakened

    Net result +6.08m NOK → +3.85m NOK (net margin 91.2% → 86.3%). Calculated

  • ↓

    Equity eroded

    Book equity 25.79m NOK → 21.94m NOK (equity ratio 77.7% → 74.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.37m NOK → 483.2k NOK (-85.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.37m NOK → 483.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 25.19m NOK → 25.28m NOK. Reported fact