AF GRUPPEN ASA: årsregnskap 2018 vs 2017
Shrank 100% on revenue, weaker earnings, fresh owner capital
approved 2019-05-15; registry 2019-06-24; journal 2019 520900
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AF GRUPPEN ASA. Revenue 481.00m NOK → 984.0k NOK (-99.8%). Net result +621.00m NOK → +772.0k NOK. Equity 356.0k NOK → 582.0k NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AF GRUPPEN ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 356.0k NOK → 582.0k NOK (equity ratio 0.0% → 0.0%). Calculated
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↑
Owners injected capital
Paid-in equity rose 57.00m NOK → 169.00m NOK (+112.00m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 481.00m NOK to 984.0k NOK (-99.8% YoY). Calculated
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↓
Operating result weakened
Operating result +465.00m NOK → +966.0k NOK (op. margin 96.7% → 98.2%). Calculated
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↓
Net result weakened
Net result +621.00m NOK → +772.0k NOK (net margin 129.1% → 78.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 387.57× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.23m NOK → 1.23bn NOK. Reported fact