A/S C. Sundtsgt. 54: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-04-11; registry 2019-06-03; journal 2019 370715
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A/S C. Sundtsgt. 54. Revenue 8.92m NOK → 9.12m NOK (+2.2%). Equity 5.96m NOK → 5.89m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
8.92m NOK
9.12m NOK
+2.2%
Operating result
+4.85m NOK
n/m
—
Equity
5.96m NOK
5.89m NOK
-1.2%
Cash
867.7k NOK
330.3k NOK
-61.9%
Total assets
13.13m NOK
13.65m NOK
+4.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 8.92m NOK to 9.12m NOK (+2.2% YoY). Calculated
-
↑
Payroll decreased
Salary cost 363.2k NOK → 344.1k NOK (4% → 4% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 5.96m NOK → 5.89m NOK (equity ratio 45.4% → 43.1%). Calculated
-
↓
Cash fell
Bank deposits 867.7k NOK → 330.3k NOK (-61.9% YoY). Calculated