Org.nr 998 710 413 2017 → 2018 Year-over-year analysis

ABSURD FILM AS: årsregnskap 2018 vs 2017

Shrank 9% on revenue, cash halved-plus

approved 2019-07-23; registry 2019-08-06; journal 2019 878738

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABSURD FILM AS. Revenue 890.4k NOK → 809.2k NOK (-9.1%). Equity -6 114 NOK → 26.7k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABSURD FILM AS.

At a glance

Revenue

890.4k NOK 809.2k NOK

-9.1%

Equity

-6 114 NOK 26.7k NOK

+537.3%

Cash

80.7k NOK 13.2k NOK

-83.6%

Total assets

236.4k NOK 234.7k NOK

-0.7%

↑
Equity strengthened

Book equity -6 114 NOK → 26.7k NOK (equity ratio -2.6% → 11.4%). Calculated
↑
Payroll decreased

Salary cost 411.1k NOK → 355.9k NOK (46% → 44% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 890.4k NOK to 809.2k NOK (-9.1% YoY). Calculated
↓
Cash fell

Bank deposits 80.7k NOK → 13.2k NOK (-83.6% YoY). Calculated