FirmaIQ
Org.nr 918 720 464 2017 → 2018 Year-over-year analysis

ACROSS BORDERS & CO AS: årsregnskap 2018 vs 2017

Shrank 62% on revenue, slipped into loss, cash halved-plus

approved 2019-06-12; registry 2019-06-24; journal 2019 512624

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACROSS BORDERS & CO AS. Revenue 933.6k NOK → 358.4k NOK (-61.6%). Net result +37.2k NOK → -11.8k NOK. Equity 67.2k NOK → 55.4k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACROSS BORDERS & CO AS.

At a glance

Scorecard

Revenue
933.6k NOK 358.4k NOK
-61.6%
Operating result
+59.1k NOK -8 217 NOK
-113.9%
Net result
+37.2k NOK -11.8k NOK
-131.6%
Equity
67.2k NOK 55.4k NOK
-17.5%
Cash
71.3k NOK 34.1k NOK
-52.2%
Total assets
78.9k NOK 55.4k NOK
-29.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 933.6k NOK to 358.4k NOK (-61.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +59.1k NOK → -8 217 NOK (op. margin 6.3% → -2.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 37.2k NOK profit to a loss of 11.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 67.2k NOK → 55.4k NOK (equity ratio 85.1% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 71.3k NOK → 34.1k NOK (-52.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 791.0k NOK → 286.6k NOK (-63.8% YoY). Calculated