AET SEA SHUTTLE AS: årsregnskap 2018 vs 2017
Grew 98604% on revenue, fresh owner capital
approved 2019-06-04; registry 2019-07-03; journal 2019 584375
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AET SEA SHUTTLE AS. Revenue 43.2k NOK → 42.65m NOK (+98603.9%). Equity 95.21m NOK → 107.45m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AET SEA SHUTTLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 43.2k NOK to 42.65m NOK (+98603.9% YoY). Calculated
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↑
Operating result improved
Operating result +18.6k NOK → +17.13m NOK (op. margin 43.1% → 40.2%). Calculated
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↑
Equity strengthened
Book equity 95.21m NOK → 107.45m NOK (equity ratio 36.5% → 42.5%). Calculated
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↑
Cash rose
Bank deposits 15.5k NOK → 15.78m NOK (+101825.4% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 63 NOK → 107.45m NOK (+107.45m NOK). Reported fact
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 716.30× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 24.43m NOK → 24.97m NOK (+2.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 586.0k NOK → 376.0k NOK. Reported fact