A1 SECURITY AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-07-05; registry 2019-07-15; journal 2019 716995
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A1 SECURITY AS. Revenue 1.21m NOK → 1.19m NOK (-1.8%). Net result +38.8k NOK → +316.1k NOK. Equity 474.0k NOK → 12.16m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for A1 SECURITY AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +49.1k NOK → +304.9k NOK (op. margin 4.1% → 25.7%). Calculated
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↑
Net result improved
Net result +38.8k NOK → +316.1k NOK (net margin 3.2% → 26.7%). Calculated
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↑
Equity strengthened
Book equity 474.0k NOK → 12.16m NOK (equity ratio 59.4% → 2190.4%). Calculated
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Cash rose
Bank deposits 33.0k NOK → 42.2k NOK (+28.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 196.5k NOK → 2 NOK (16% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.21m NOK to 1.19m NOK (-1.8% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 200.0k NOK → 15.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 355.9k NOK → 318.6k NOK (-10.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 34.9k NOK → 19.3k NOK. Reported fact