BOUVET ASA: årsregnskap 2018 vs 2017
Shrank 100% on revenue, weaker earnings
approved 2019-05-22; registry 2019-06-22; journal 2019 492645
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for BOUVET ASA. Revenue 1.61bn NOK → 0 NOK (-100.0%). Net result +110.03m NOK → +149.0k NOK. Equity 52.61m NOK → 60.28m NOK.
On the constructive side: equity strengthened; owners injected capital; payroll decreased. 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 BOUVET ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 52.61m NOK → 60.28m NOK (equity ratio 20508.8% → 20570.5%). Calculated
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↑
Owners injected capital
Paid-in equity rose 20.20m NOK → 20.25m NOK (+46.0k NOK). Reported fact
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↑
Payroll decreased
Salary cost 12.3k NOK → 12 NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.61bn NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Net result weakened
Net result +110.03m NOK → +149.0k NOK. Calculated
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↓
Cash fell
Bank deposits 896.0k NOK → 679.0k NOK (-24.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 681.65× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 5.25m NOK → 5.26m NOK (+0.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 144.8k NOK → 158.2k NOK. Reported fact