FirmaIQ
Org.nr 957 997 392 2017 → 2018 Year-over-year analysis

ACHILLES FINANS AS: årsregnskap 2018 vs 2017

Grew 16429% on revenue, weaker earnings

approved 2019-03-01; registry 2019-05-04; journal 2019 304070

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACHILLES FINANS AS. Revenue 605 NOK → 100.0k NOK (+16428.9%). Net result -278.4k NOK → -343.6k NOK. Equity 4.69m NOK → 4.35m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACHILLES FINANS AS.

At a glance

Scorecard

Revenue
605 NOK 100.0k NOK
+16428.9%
Operating result
n/m -27.0k NOK
—
Net result
-278.4k NOK -343.6k NOK
-23.4%
Equity
4.69m NOK 4.35m NOK
-7.3%
Cash
64 NOK 3 090 NOK
+4728.1%
Total assets
7.40m NOK 7.20m NOK
-2.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 605 NOK to 100.0k NOK (+16428.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 64 NOK → 3 090 NOK (+4728.1% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -278.4k NOK → -343.6k NOK (net margin -46017.9% → -343.6%). Calculated

  • ↓

    Equity eroded

    Book equity 4.69m NOK → 4.35m NOK (equity ratio 63.4% → 60.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 12.0k NOK → 900.4k NOK. Reported fact