A'VERA AS: årsregnskap 2018 vs 2017
Grew 9534% on revenue
approved 2019-01-28; registry 2019-01-30; journal 2019 204250
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A'VERA AS. Revenue 76.1k NOK → 7.33m NOK (+9534.3%). Equity 64.4k NOK → -447.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A'VERA AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 76.1k NOK to 7.33m NOK (+9534.3% YoY). Calculated
-
↑
Cash rose
Bank deposits 74.8k NOK → 484.9k NOK (+548.2% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +2 893 NOK → -456.6k NOK (op. margin 3.8% → -6.2%). Calculated
-
↓
Equity eroded
Book equity 64.4k NOK → -447.0k NOK (equity ratio 5.7% → -35.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.74× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -35.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 262.2k NOK → 1.00m NOK (344% → 14% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 4.81m NOK → 5.57m NOK (+15.7% YoY). Calculated