Org.nr 931 533 983 2017 → 2018 Year-over-year analysis

A/S Viktor Baumannsvei 34-38: årsregnskap 2018 vs 2017

Shrank 98% on revenue, returned to profit

approved 2019-03-19; registry 2019-07-17; journal 2019 734447

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for A/S Viktor Baumannsvei 34-38. Revenue 956.2k NOK → 14.4k NOK (-98.5%). Net result -268.9k NOK → +5.15m NOK. Equity -638.8k NOK → -487.1k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
956.2k NOK 14.4k NOK
-98.5%
Net result
-268.9k NOK +5.15m NOK
+2015.9%
Equity
-638.8k NOK -487.1k NOK
+23.8%
Cash
355.1k NOK 476.0k NOK
+34.0%
Total assets
2.02m NOK 2.10m NOK
+4.1%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 268.9k NOK to a profit of 5.15m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -638.8k NOK → -487.1k NOK (equity ratio -31.6% → -23.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 355.1k NOK → 476.0k NOK (+34.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 956.2k NOK to 14.4k NOK (-98.5% YoY). Calculated