Org.nr 916 591 144 2017 → 2018 Year-over-year analysis

A/S SØRENSEN OG BALCHEN: årsregnskap 2018 vs 2017

Shrank 9% on revenue

approved 2019-02-28; registry 2019-05-29; journal 2019 359258

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A/S SØRENSEN OG BALCHEN. Revenue 540.50m NOK → 491.22m NOK (-9.1%). Equity 270.36m NOK → 294.81m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S SØRENSEN OG BALCHEN.

At a glance

Revenue

540.50m NOK 491.22m NOK

-9.1%

Net result

+90.2k NOK n/m

—

Equity

270.36m NOK 294.81m NOK

+9.0%

Cash

2.41m NOK 2.71m NOK

+12.6%

Total assets

449.76m NOK 441.22m NOK

-1.9%

↑
Equity strengthened

Book equity 270.36m NOK → 294.81m NOK (equity ratio 60.1% → 66.8%). Calculated
↑
Cash rose

Bank deposits 2.41m NOK → 2.71m NOK (+12.6% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 540.50m NOK to 491.22m NOK (-9.1% YoY). Calculated

·
COGS fell

COGS / varekostnad 308.56m NOK → 269.00m NOK (-12.8% YoY). Calculated
·
Book investments changed

Investment / intangible book value 124.16m NOK → 13.1k NOK. Reported fact