A/S MILLENIUM: årsregnskap 2018 vs 2017
Returned to profit
approved 2019-04-24; registry 2019-05-08; journal 2019 311980
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A/S MILLENIUM. Net result -325.8k NOK → +397.0k NOK. Equity 45.81m NOK → 42.21m NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
-39.8k NOK
-36.5k NOK
+8.4%
Net result
-325.8k NOK
+397.0k NOK
+221.9%
Equity
45.81m NOK
42.21m NOK
-7.9%
Cash
7.81m NOK
4.08m NOK
-47.7%
Total assets
46.15m NOK
42.29m NOK
-8.4%
What improved
-
↑
Operating result improved
Operating result -39.8k NOK → -36.5k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 325.8k NOK to a profit of 397.0k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 45.81m NOK → 42.21m NOK (equity ratio 99.3% → 99.8%). Calculated
-
↓
Cash fell
Bank deposits 7.81m NOK → 4.08m NOK (-47.7% YoY). Calculated