A-VARER AS: årsregnskap 2018 vs 2017
Shrank 80% on revenue, weaker earnings
approved 2019-05-15; registry 2019-06-05; journal 2019 387214
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A-VARER AS. Revenue 954.9k NOK → 188.3k NOK (-80.3%). Net result +36.5k NOK → +20.3k NOK. Equity 305.1k NOK → 325.3k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 305.1k NOK → 325.3k NOK (equity ratio 32.2% → 41.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 954.9k NOK to 188.3k NOK (-80.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +33.1k NOK → +16.4k NOK (op. margin 3.5% → 8.7%). Calculated
-
↓
Net result weakened
Net result +36.5k NOK → +20.3k NOK (net margin 3.8% → 10.8%). Calculated
-
↓
Cash fell
Bank deposits 296.2k NOK → 203.6k NOK (-31.3% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 94.0k NOK → 2.26m NOK (10% → 1202% of revenue). Calculated