FirmaIQ
Org.nr 988 605 042 2017 → 2018 Year-over-year analysis

AESSEAL NORDIC AS: årsregnskap 2018 vs 2017

Weaker earnings, cash halved-plus

approved 2019-06-25; registry 2019-07-04; journal 2019 600544

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AESSEAL NORDIC AS. Revenue 2.32m NOK → 2.28m NOK (-1.9%). Net result +378.8k NOK → +27.1k NOK. Equity 2.11m NOK → 2.13m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.32m NOK 2.28m NOK
-1.9%
Operating result
+378.5k NOK +25.9k NOK
-93.2%
Net result
+378.8k NOK +27.1k NOK
-92.8%
Equity
2.11m NOK 2.13m NOK
+1.3%
Cash
513.3k NOK 139.2k NOK
-72.9%
Total assets
2.69m NOK 4.33m NOK
+61.1%

What improved

  • ↑

    Equity strengthened

    Book equity 2.11m NOK → 2.13m NOK (equity ratio 78.3% → 49.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.32m NOK to 2.28m NOK (-1.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +378.5k NOK → +25.9k NOK (op. margin 16.3% → 1.1%). Calculated

  • ↓

    Net result weakened

    Net result +378.8k NOK → +27.1k NOK (net margin 16.3% → 1.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 513.3k NOK → 139.2k NOK (-72.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 566.6k NOK → 593.8k NOK (24% → 26% of revenue). Calculated