ALGINOR ASA: årsregnskap 2018 vs 2017
Shrank 100% on revenue, weaker earnings, fresh owner capital
approved 2019-06-24; registry 2019-08-20; journal 2019 924840
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ALGINOR ASA. Revenue 11.5k NOK → 0 NOK (-100.0%). Net result -2.23m NOK → -3.70m NOK. Equity 419.8k NOK → 8.53m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 419.8k NOK → 8.53m NOK (equity ratio 4.5% → 41.4%). Calculated
-
↑
Cash rose
Bank deposits 1.20m NOK → 5.76m NOK (+380.0% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.60× → 3.16×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 10.21m NOK → 16.02m NOK (+5.81m NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 11.5k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result -2.11m NOK → -3.66m NOK. Calculated
-
↓
Net result weakened
Net result -2.23m NOK → -3.70m NOK. Calculated
-
↓
Payroll up without matching revenue
Salary cost 559.2k NOK → 10.76m NOK. Calculated