ACROSS FOREST AS: årsregnskap 2018 vs 2017
Grew 7% on revenue, weaker earnings
approved 2019-06-27; registry 2019-07-06; journal 2019 617147
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACROSS FOREST AS. Revenue 530.8k NOK → 566.6k NOK (+6.7%). Net result -210.8k NOK → -518.7k NOK. Equity 9.87m NOK → 9.35m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACROSS FOREST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 530.8k NOK to 566.6k NOK (+6.7% YoY). Calculated
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↑
Operating result improved
Operating result -117.4k NOK → -8 695 NOK (op. margin -22.1% → -1.5%). Calculated
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↑
Cash rose
Bank deposits 41.7k NOK → 47.9k NOK (+14.7% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -210.8k NOK → -518.7k NOK (net margin -39.7% → -91.5%). Calculated
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↓
Equity eroded
Book equity 9.87m NOK → 9.35m NOK (equity ratio 62.6% → 52.5%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 9.87m NOK → 9.35m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 15.68m NOK → 17.76m NOK. Reported fact