FirmaIQ
Org.nr 976 605 713 2017 → 2018 Year-over-year analysis

KITRON ASA: årsregnskap 2018 vs 2017

Shrank 5% on revenue

approved 2019-04-30; registry 2019-06-04; journal 2019 370013

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for KITRON ASA. Revenue 86.78m NOK → 82.16m NOK (-5.3%). Net result +99.00m NOK → +110.27m NOK. Equity 474.51m NOK → 460.96m NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded; cogs moved.

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

At a glance

Scorecard

Revenue
86.78m NOK 82.16m NOK
-5.3%
Net result
+99.00m NOK +110.27m NOK
+11.4%
Equity
474.51m NOK 460.96m NOK
-2.9%
Cash
10.03m NOK 10.17m NOK
+1.4%
Total assets
619.22m NOK 605.70m NOK
-2.2%

What improved

  • ↑

    Net result improved

    Net result +99.00m NOK → +110.27m NOK (net margin 114.1% → 134.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.03m NOK → 10.17m NOK (+1.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 86.78m NOK to 82.16m NOK (-5.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 474.51m NOK → 460.96m NOK (equity ratio 76.6% → 76.1%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 620.0k NOK → 756.2k NOK (+22.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 459.45m NOK → 442.21m NOK. Reported fact