AIM STRANDGATA AS: årsregnskap 2018 vs 2017
Weaker earnings, cash halved-plus
approved 2019-06-30; registry 2019-07-11; journal 2019 687359
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIM STRANDGATA AS. Revenue 2.15m NOK → 2.17m NOK (+1.0%). Net result +636.4k NOK → +415.4k NOK. Equity -509.4k NOK → -94.0k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AIM STRANDGATA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.15m NOK to 2.17m NOK (+1.0% YoY). Calculated
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↑
Equity strengthened
Book equity -509.4k NOK → -94.0k NOK (equity ratio -3.9% → -0.4%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +958.6k NOK → +34.7k NOK (op. margin 44.6% → 1.6%). Calculated
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↓
Net result weakened
Net result +636.4k NOK → +415.4k NOK (net margin 29.6% → 19.2%). Calculated
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↓
Cash fell
Bank deposits 91.6k NOK → 19.2k NOK (-79.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 300 NOK → 8 560 NOK (0% → 0% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 7.76m NOK → 18.63m NOK. Reported fact