FirmaIQ
Org.nr 990 727 007 2017 → 2018 Year-over-year analysis

BEVEST ASA: årsregnskap 2018 vs 2017

Shrank 48% on revenue, cash halved-plus

approved 2019-06-27; registry 2019-07-13; journal 2019 701256

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for BEVEST ASA. Revenue 3.03m NOK → 1.58m NOK (-47.9%). Equity 10.04m NOK → 2.23m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for BEVEST ASA.

At a glance

Scorecard

Revenue
3.03m NOK 1.58m NOK
-47.9%
Net result
n/m -7.80m NOK
—
Equity
10.04m NOK 2.23m NOK
-77.8%
Cash
1.89m NOK 401.0k NOK
-78.8%
Total assets
31.35m NOK 21.09m NOK
-32.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.03m NOK to 1.58m NOK (-47.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 10.04m NOK → 2.23m NOK (equity ratio 32.0% → 10.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.89m NOK → 401.0k NOK (-78.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 56.0k NOK → 69.0k NOK (2% → 4% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1.24m NOK → 1.33m NOK (+7.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.89m NOK → 401.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 82.22m NOK → 82.21m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 29.01m NOK → 20.24m NOK. Reported fact