Org.nr 974 345 315 2017 → 2018 Year-over-year analysis

HVAL SJOKOLADEFABRIKK ASA: årsregnskap 2018 vs 2017

Shrank 28% on revenue

approved 2019-03-07; registry 2019-05-04; journal 2019 301440

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for HVAL SJOKOLADEFABRIKK ASA. Revenue 39.77m NOK → 28.61m NOK (-28.0%). Equity 24.60m NOK → 19.64m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for HVAL SJOKOLADEFABRIKK ASA.

Scorecard

Revenue
39.77m NOK 28.61m NOK
-28.0%
Equity
24.60m NOK 19.64m NOK
-20.2%
Cash
7.82m NOK 6.70m NOK
-14.3%
Total assets
54.52m NOK 42.50m NOK
-22.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 39.77m NOK to 28.61m NOK (-28.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 24.60m NOK → 19.64m NOK (equity ratio 45.1% → 46.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.82m NOK → 6.70m NOK (-14.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 20.64m NOK → 16.07m NOK (-22.1% YoY). Calculated