Org.nr 912 510 093 2017 → 2018 Year-over-year analysis

A. VENÅS HOLDING AS: årsregnskap 2018 vs 2017

Returned to profit

approved 2019-06-30; registry 2019-07-29; journal 2019 804822

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for A. VENÅS HOLDING AS. Net result -13.4k NOK → +1.31m NOK. Equity 259.5k NOK → 569.8k NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. VENÅS HOLDING AS.

Scorecard

Operating result
-7 504 NOK -19.3k NOK
-157.1%
Net result
-13.4k NOK +1.31m NOK
+9876.9%
Equity
259.5k NOK 569.8k NOK
+119.6%
Cash
32.5k NOK 233.0k NOK
+616.7%
Total assets
978.9k NOK 985.3k NOK
+0.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 13.4k NOK to a profit of 1.31m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 259.5k NOK → 569.8k NOK (equity ratio 26.5% → 57.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 32.5k NOK → 233.0k NOK (+616.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -7 504 NOK → -19.3k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.93m NOK → 5 NOK. Reported fact