A1 PROPERTY AS: årsregnskap 2018 vs 2017
Shrank 13% on revenue, cash halved-plus
approved 2019-07-05; registry 2019-07-17; journal 2019 727826
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A1 PROPERTY AS. Revenue 2.17m NOK → 1.88m NOK (-13.0%). Equity 763.4k NOK → 819.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 763.4k NOK → 819.2k NOK (equity ratio 2.5% → 2.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.17m NOK to 1.88m NOK (-13.0% YoY). Calculated
-
↓
Cash fell
Bank deposits 371.5k NOK → 46.6k NOK (-87.4% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.88× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 173.6k NOK → 182.6k NOK (+5.2% YoY). Calculated