FirmaIQ
Org.nr 993 895 628 2017 → 2018 Year-over-year analysis

AIRCONDITION PRODUKTER AS: årsregnskap 2018 vs 2017

Shrank 84% on revenue, weaker earnings, cash halved-plus

approved 2019-06-20; registry 2019-07-10; journal 2019 676321

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIRCONDITION PRODUKTER AS. Revenue 400 NOK → 62 NOK (-84.5%). Net result +431.2k NOK → +183.3k NOK. Equity 1.54m NOK → 2.02m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRCONDITION PRODUKTER AS.

At a glance

Scorecard

Revenue
400 NOK 62 NOK
-84.5%
Operating result
-498.6k NOK +1 482 NOK
+100.3%
Net result
+431.2k NOK +183.3k NOK
-57.5%
Equity
1.54m NOK 2.02m NOK
+31.5%
Cash
236.1k NOK 61.9k NOK
-73.8%
Total assets
1.93m NOK 2.35m NOK
+21.7%

What improved

  • ↑

    Operating result improved

    Operating result -498.6k NOK → +1 482 NOK (op. margin -124649.0% → 2390.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.54m NOK → 2.02m NOK (equity ratio 79.8% → 86.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 400 NOK to 62 NOK (-84.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +431.2k NOK → +183.3k NOK (net margin 107806.8% → 295621.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 236.1k NOK → 61.9k NOK (-73.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 187.8k NOK → 155.1k NOK. Reported fact