Org.nr 996 162 095 2017 → 2018 Year-over-year analysis

CIRCIO HOLDING ASA: årsregnskap 2018 vs 2017

Grew 41% on revenue, fresh owner capital

approved 2019-04-30; registry 2019-05-23; journal 2019 351021

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for CIRCIO HOLDING ASA. Revenue 10.42m NOK → 14.67m NOK (+40.9%). Equity 610.7k NOK → 549.92m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for CIRCIO HOLDING ASA.

Scorecard

Revenue
10.42m NOK 14.67m NOK
+40.9%
Operating result
-119.93m NOK n/m
—
Equity
610.7k NOK 549.92m NOK
+89942.6%
Cash
244.5k NOK 141.00m NOK
+57573.3%
Total assets
629.9k NOK 577.63m NOK
+91602.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.42m NOK to 14.67m NOK (+40.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 610.7k NOK → 549.92m NOK (equity ratio 97.0% → 95.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 244.5k NOK → 141.00m NOK (+57573.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 5.73×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 826.4k NOK → 826.39m NOK (+825.57m NOK). Reported fact

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 373.6k NOK → 418.8k NOK. Reported fact