Org.nr 983 384 099 2017 → 2018 Year-over-year analysis

A-TECH PROFFSERVICE AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue

approved 2019-06-25; registry 2019-07-03; journal 2019 584379

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for A-TECH PROFFSERVICE AS. Revenue 202.6k NOK → 500 NOK (-99.8%). Net result -102.7k NOK → -100.0k NOK. Equity -3.44m NOK → -3.54m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-TECH PROFFSERVICE AS.

Scorecard

Revenue
202.6k NOK 500 NOK
-99.8%
Operating result
-102.7k NOK -100.0k NOK
+2.6%
Net result
-102.7k NOK -100.0k NOK
+2.6%
Equity
-3.44m NOK -3.54m NOK
-2.9%
Cash
3 876 NOK 3 877 NOK
+0.0%
Total assets
530.5k NOK 530.5k NOK
+0.0%

What improved

  • ↑

    Operating result improved

    Operating result -102.7k NOK → -100.0k NOK (op. margin -50.7% → -20000.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 202.6k NOK to 500 NOK (-99.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -3.44m NOK → -3.54m NOK (equity ratio -649.1% → -667.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -667.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation