A7 EUROPE AS: årsregnskap 2018 vs 2017
Shrank 75% on revenue, slipped into loss
approved 2019-06-30; registry 2019-08-08; journal 2019 903694
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A7 EUROPE AS. Revenue 402.5k NOK → 99.2k NOK (-75.4%). Net result +2 017 NOK → -842 NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
402.5k NOK
99.2k NOK
-75.4%
Operating result
+63.4k NOK
-870 NOK
-101.4%
Net result
+2 017 NOK
-842 NOK
-141.7%
Cash
169.5k NOK
154.1k NOK
-9.1%
Total assets
202.3k NOK
154.1k NOK
-23.8%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 402.5k NOK to 99.2k NOK (-75.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +63.4k NOK → -870 NOK (op. margin 15.8% → -0.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 2 017 NOK profit to a loss of 842 NOK. Calculated
-
↓
Cash fell
Bank deposits 169.5k NOK → 154.1k NOK (-9.1% YoY). Calculated