A/S Fougstad gate 22: årsregnskap 2018 vs 2017
Slipped into loss, cash halved-plus, fresh owner capital
approved 2019-06-17; registry 2019-07-16; journal 2019 725058
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A/S Fougstad gate 22. Revenue 893.2k NOK → 898.0k NOK (+0.5%). Net result +190.1k NOK → -369.3k NOK. Equity 2.60m NOK → 2.23m NOK.
On the constructive side: revenue rose; owners injected capital; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Fougstad gate 22.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 893.2k NOK to 898.0k NOK (+0.5% YoY). Calculated
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Owners injected capital
Paid-in equity rose 100.0k NOK → 2.23m NOK (+2.13m NOK). Reported fact
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Payroll decreased
Salary cost 46.7k NOK → 38.8k NOK (5% → 4% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +224.1k NOK → -342.8k NOK (op. margin 25.1% → -38.2%). Calculated
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Fell into a net loss
Net result flipped from 190.1k NOK profit to a loss of 369.3k NOK. Calculated
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Equity eroded
Book equity 2.60m NOK → 2.23m NOK (equity ratio 35.2% → 31.6%). Calculated
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↓
Cash fell
Bank deposits 463.3k NOK → 112.1k NOK (-75.8% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 9 914 NOK → 35.3k NOK. Reported fact