HÖEGH AUTOLINERS ASA: årsregnskap 2018 vs 2017
Grew 6% on revenue, weaker earnings
approved 2019-03-06; registry 2019-08-06; journal 2019 872130
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for HÖEGH AUTOLINERS ASA. Revenue 997.1k NOK → 1.06m NOK (+5.8%). Net result -24.48m NOK → -62.45m NOK. Equity 808.6k NOK → 866.6k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for HÖEGH AUTOLINERS ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 997.1k NOK to 1.06m NOK (+5.8% YoY). Calculated
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↑
Equity strengthened
Book equity 808.6k NOK → 866.6k NOK (equity ratio 0.1% → 0.1%). Calculated
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↑
Cash rose
Bank deposits 95.0k NOK → 51.27m NOK (+53866.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.87× → 1.71×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -1.45m NOK → -8.20m NOK (op. margin -145.8% → -777.5%). Calculated
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↓
Net result weakened
Net result -24.48m NOK → -62.45m NOK (net margin -2455.0% → -5918.5%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 698.84m NOK → 748.8k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 1.43bn NOK → 1.45bn NOK. Reported fact