A/S Frilin: årsregnskap 2018 vs 2017
Shrank 50% on revenue, slipped into loss
approved 2019-05-20; registry 2019-06-22; journal 2019 495539
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A/S Frilin. Revenue 18.0k NOK → 9 000 NOK (-50.0%). Net result +33.0k NOK → -367.9k NOK. Equity 2.27m NOK → 1.90m NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Frilin.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 238.4k NOK → 557.3k NOK (+133.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.58× → 1.28×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.0k NOK to 9 000 NOK (-50.0% YoY). Calculated
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↓
Operating result weakened
Operating result +37.7k NOK → -18.4k NOK (op. margin 209.5% → -204.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 33.0k NOK profit to a loss of 367.9k NOK. Calculated
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↓
Equity eroded
Book equity 2.27m NOK → 1.90m NOK (equity ratio 78.1% → 75.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.52m NOK → 3.72m NOK. Reported fact