FirmaIQ
Org.nr 947 606 239 2017 → 2018 Year-over-year analysis

A/S Longvafisk: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-05-31; registry 2019-08-10; journal 2019 905182

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A/S Longvafisk. Revenue 16.35m NOK → 16.31m NOK (-0.3%). Equity 778.5k NOK → 448.1k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
16.35m NOK 16.31m NOK
-0.3%
Equity
778.5k NOK 448.1k NOK
-42.4%
Cash
229.5k NOK 281.4k NOK
+22.6%
Total assets
2.37m NOK 2.09m NOK
-12.2%

What improved

  • ↑

    Cash rose

    Bank deposits 229.5k NOK → 281.4k NOK (+22.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.35m NOK to 16.31m NOK (-0.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 778.5k NOK → 448.1k NOK (equity ratio 32.8% → 21.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.22m NOK → 2.40m NOK (14% → 15% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 13.01m NOK → 13.04m NOK (+0.2% YoY). Calculated