FirmaIQ
Org.nr 812 160 842 2017 → 2018 Year-over-year analysis

A.S. MONTASJE AS: årsregnskap 2018 vs 2017

Slipped into loss, cash halved-plus

approved 2019-09-17; registry 2019-09-19; journal 2019 936376

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A.S. MONTASJE AS. Revenue 21.20m NOK → 20.76m NOK (-2.1%). Net result +94.0k NOK → -453.1k NOK. Equity 1.45m NOK → 7.99m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; fell into a net loss; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A.S. MONTASJE AS.

At a glance

Scorecard

Revenue
21.20m NOK 20.76m NOK
-2.1%
Operating result
n/m -489.8k NOK
—
Net result
+94.0k NOK -453.1k NOK
-582.1%
Equity
1.45m NOK 7.99m NOK
+452.7%
Cash
711.4k NOK 15.6k NOK
-97.8%
Total assets
6.36m NOK 5.27m NOK
-17.1%

What improved

  • ↑

    Equity strengthened

    Book equity 1.45m NOK → 7.99m NOK (equity ratio 22.8% → 151.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 21.20m NOK to 20.76m NOK (-2.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 94.0k NOK profit to a loss of 453.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 711.4k NOK → 15.6k NOK (-97.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 6.52m NOK → 7.25m NOK (31% → 35% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 11.12m NOK → 8.80m NOK (-20.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 138.1k NOK → 117.4k NOK. Reported fact