GELATO ASA: årsregnskap 2018 vs 2017
Grew 10% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for GELATO ASA. Revenue 355.86m NOK → 392.01m NOK (+10.2%). Net result -60.70m NOK → +3.04m NOK. Equity 39.36m NOK → 66.04m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.
Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for GELATO ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 355.86m NOK to 392.01m NOK (+10.2% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 60.70m NOK to a profit of 3.04m NOK. Calculated
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↑
Equity strengthened
Book equity 39.36m NOK → 66.04m NOK (equity ratio 31.1% → 32.6%). Calculated
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↑
Cash rose
Bank deposits 55.46m NOK → 103.20m NOK (+86.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -74.58m NOK → -103.29m NOK (op. margin -21.0% → -26.3%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 127.02m NOK → 236 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 14.12bn NOK → 14.13bn NOK (+0.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.45m NOK → 4.07m NOK. Reported fact