FirmaIQ
Org.nr 913 779 908 2017 → 2018 Year-over-year analysis

+ ARK AS: årsregnskap 2018 vs 2017

Shrank 16% on revenue, weaker earnings, cash halved-plus

approved 2019-04-12; registry 2019-04-29; journal 2019 296151

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for + ARK AS. Revenue 1.15m NOK → 967.5k NOK (-16.0%). Net result +224.0k NOK → +14.0k NOK. Equity 12.60m NOK → 10.61m NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.15m NOK 967.5k NOK
-16.0%
Net result
+224.0k NOK +14.0k NOK
-93.8%
Equity
12.60m NOK 10.61m NOK
-15.8%
Cash
818.8k NOK 270.5k NOK
-67.0%
Total assets
862.7k NOK 804.5k NOK
-6.7%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 4.03×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.15m NOK to 967.5k NOK (-16.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +224.0k NOK → +14.0k NOK (net margin 19.5% → 1.4%). Calculated

  • ↓

    Equity eroded

    Book equity 12.60m NOK → 10.61m NOK (equity ratio 1460.1% → 1318.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 818.8k NOK → 270.5k NOK (-67.0% YoY). Calculated