A/S Audax: årsregnskap 2018 vs 2017
Shrank 100% on revenue, slipped into loss
approved 2019-01-24; registry 2019-02-28; journal 2019 218901
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A/S Audax. Revenue 182.7k NOK → 182 NOK (-99.9%). Net result +111.8k NOK → -69.8k NOK. Equity 1.70m NOK → 1.63m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 215.0k NOK → 235.9k NOK (+9.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 182.7k NOK to 182 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +137.7k NOK → -124.0k NOK (op. margin 75.4% → -68142.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 111.8k NOK profit to a loss of 69.8k NOK. Calculated
-
↓
Equity eroded
Book equity 1.70m NOK → 1.63m NOK (equity ratio 96.9% → 100.0%). Calculated