AH CLASSIC CARS AS: årsregnskap 2018 vs 2017
Weaker earnings, fresh owner capital
approved 2019-06-03; registry 2019-06-20; journal 2019 485440
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AH CLASSIC CARS AS. Revenue 0 NOK → 286.2k NOK. Net result -152.1k NOK → -1.93m NOK. Equity 3.39m NOK → 1.45m NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AH CLASSIC CARS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 286.2k NOK. Calculated
-
↑
Cash rose
Bank deposits 1 668 NOK → 707.5k NOK (+42318.5% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 3 387 NOK → 1.45m NOK (+1.45m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -200.7k NOK → -1.82m NOK. Calculated
-
↓
Net result weakened
Net result -152.1k NOK → -1.93m NOK. Calculated
-
↓
Equity eroded
Book equity 3.39m NOK → 1.45m NOK (equity ratio 94.2% → 24.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 50.3k NOK → 2.84m NOK. Calculated
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·
COGS moved
COGS / varekostnad 35.1k NOK → 8.14m NOK (+23074.1% YoY). Calculated