A3T INVEST AS: årsregnskap 2018 vs 2017
Shrank 77% on revenue, returned to profit
approved 2019-05-31; registry 2019-06-05; journal 2019 478687
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A3T INVEST AS. Revenue 252.0k NOK → 58.6k NOK (-76.7%). Net result -203.9k NOK → +885.7k NOK. Equity 8.37m NOK → 8.75m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A3T INVEST AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 203.9k NOK to a profit of 885.7k NOK. Calculated
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↑
Equity strengthened
Book equity 8.37m NOK → 8.75m NOK (equity ratio 97.0% → 87.3%). Calculated
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↑
Cash rose
Bank deposits 3 555 NOK → 11.1k NOK (+212.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.03× → 3.77×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 252.0k NOK to 58.6k NOK (-76.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 8 899 NOK → 58.3k NOK (4% → 99% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 8.62m NOK → 9.01m NOK. Reported fact