Org.nr 993 581 992 2017 → 2018 Year-over-year analysis

AC BLAZE AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-05-31; registry 2019-07-10; journal 2019 665222

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AC BLAZE AS. Revenue 15.41m NOK → 15.18m NOK (-1.5%). Equity 3.11m NOK → 3.32m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

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

At a glance

Revenue

15.41m NOK 15.18m NOK

-1.5%

Equity

3.11m NOK 3.32m NOK

+6.7%

Cash

5.80m NOK 5.96m NOK

+2.8%

Total assets

7.20m NOK 7.52m NOK

+4.3%

↑
Equity strengthened

Book equity 3.11m NOK → 3.32m NOK (equity ratio 43.2% → 44.2%). Calculated
↑
Cash rose

Bank deposits 5.80m NOK → 5.96m NOK (+2.8% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 15.41m NOK to 15.18m NOK (-1.5% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.96m NOK → 3.47m NOK (19% → 23% of revenue). Calculated