FirmaIQ
Org.nr 968 833 073 2017 → 2018 Year-over-year analysis

ACRYLICON NORD-NORGE AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-05-20; registry 2019-07-02; journal 2019 573505

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACRYLICON NORD-NORGE AS. Revenue 34.10m NOK → 35.04m NOK (+2.7%). Net result +1.76m NOK → +602.4k NOK. Equity 3.65m NOK → 3.75m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACRYLICON NORD-NORGE AS.

At a glance

Scorecard

Revenue
34.10m NOK 35.04m NOK
+2.7%
Operating result
+2.34m NOK +870.3k NOK
-62.8%
Net result
+1.76m NOK +602.4k NOK
-65.8%
Equity
3.65m NOK 3.75m NOK
+2.8%
Cash
1.73m NOK 2.43m NOK
+40.4%
Total assets
13.65m NOK 13.46m NOK
-1.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 34.10m NOK to 35.04m NOK (+2.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.65m NOK → 3.75m NOK (equity ratio 26.7% → 27.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.73m NOK → 2.43m NOK (+40.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.34m NOK → +870.3k NOK (op. margin 6.9% → 2.5%). Calculated

  • ↓

    Net result weakened

    Net result +1.76m NOK → +602.4k NOK (net margin 5.2% → 1.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.21× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.40m NOK → 11.78m NOK (30% → 34% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 14.05m NOK → 14.53m NOK (+3.4% YoY). Calculated