FirmaIQ
Org.nr 962 367 593 2017 → 2018 Year-over-year analysis

AB ELEKTRISK AS: årsregnskap 2018 vs 2017

Shrank 93% on revenue, weaker earnings, cash halved-plus

approved 2019-07-03; registry 2019-07-15; journal 2019 708618

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AB ELEKTRISK AS. Revenue 5.55m NOK → 406.9k NOK (-92.7%). Net result +31.5k NOK → +643 NOK. Equity 8.98m NOK → 977.8k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5.55m NOK 406.9k NOK
-92.7%
Operating result
+34.7k NOK +13.2k NOK
-61.9%
Net result
+31.5k NOK +643 NOK
-98.0%
Equity
8.98m NOK 977.8k NOK
-89.1%
Cash
216.8k NOK 20.3k NOK
-90.6%
Total assets
3.90m NOK 3.86m NOK
-1.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.55m NOK to 406.9k NOK (-92.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +34.7k NOK → +13.2k NOK (op. margin 0.6% → 3.2%). Calculated

  • ↓

    Net result weakened

    Net result +31.5k NOK → +643 NOK (net margin 0.6% → 0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 8.98m NOK → 977.8k NOK (equity ratio 229.9% → 25.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 216.8k NOK → 20.3k NOK (-90.6% YoY). Calculated