FirmaIQ
Org.nr 912 609 952 2017 → 2018 Year-over-year analysis

DISRUPTIVE TECHNOLOGIES ASA: årsregnskap 2018 vs 2017

Grew 254% on revenue, cash halved-plus

approved 2019-04-30; registry 2019-07-22; journal 2019 757985

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for DISRUPTIVE TECHNOLOGIES ASA. Revenue 7.95m NOK → 28.12m NOK (+253.7%). Equity 320.03m NOK → 319.83m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for DISRUPTIVE TECHNOLOGIES ASA.

At a glance

Scorecard

Revenue
7.95m NOK 28.12m NOK
+253.7%
Operating result
-548.0k NOK n/m
—
Net result
-212.2k NOK n/m
—
Equity
320.03m NOK 319.83m NOK
-0.1%
Cash
168.81m NOK 19.39m NOK
-88.5%
Total assets
320.17m NOK 319.84m NOK
-0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.95m NOK to 28.12m NOK (+253.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 320.03m NOK → 319.83m NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 168.81m NOK → 19.39m NOK (-88.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (168.81m NOK → 19.39m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 321.33m NOK → 321.33m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 5.96m NOK (None YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 150.90m NOK → 300.0k NOK. Reported fact