FirmaIQ
Org.nr 959 643 350 2017 → 2018 Year-over-year analysis

A TITLESTAD AS: årsregnskap 2018 vs 2017

Grew 10% on revenue

approved 2019-02-08; registry 2019-02-11; journal 2019 207922

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A TITLESTAD AS. Revenue 3.84m NOK → 4.22m NOK (+9.8%). Net result +104.2k NOK → +91.2k NOK. Equity 946.2k NOK → 937.4k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A TITLESTAD AS.

At a glance

Scorecard

Revenue
3.84m NOK 4.22m NOK
+9.8%
Operating result
+133.4k NOK +114.1k NOK
-14.5%
Net result
+104.2k NOK +91.2k NOK
-12.5%
Equity
946.2k NOK 937.4k NOK
-0.9%
Cash
623.1k NOK 653.5k NOK
+4.9%
Total assets
1.72m NOK 1.83m NOK
+6.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.84m NOK to 4.22m NOK (+9.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 623.1k NOK → 653.5k NOK (+4.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +133.4k NOK → +114.1k NOK (op. margin 3.5% → 2.7%). Calculated

  • ↓

    Net result weakened

    Net result +104.2k NOK → +91.2k NOK (net margin 2.7% → 2.2%). Calculated

  • ↓

    Equity eroded

    Book equity 946.2k NOK → 937.4k NOK (equity ratio 54.9% → 51.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.37× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 930.5k NOK → 320.1k NOK (-65.6% YoY). Calculated