Org.nr 990 251 657 2017 → 2018 Year-over-year analysis

LIFECARE ASA: årsregnskap 2018 vs 2017

Shrank 12% on revenue, fresh owner capital

approved 2019-05-13; registry 2019-07-15; journal 2019 710886

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for LIFECARE ASA. Revenue 551.1k NOK → 485.8k NOK (-11.8%). Equity -2.35m NOK → 22.24m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.

Net constructive year on the published lines.

Scorecard

Revenue
551.1k NOK 485.8k NOK
-11.8%
Equity
-2.35m NOK 22.24m NOK
+1045.9%
Cash
2 489 NOK 21.33m NOK
+856799.2%
Total assets
1.19m NOK 23.42m NOK
+1868.0%

What improved

  • ↑

    Equity strengthened

    Book equity -2.35m NOK → 22.24m NOK (equity ratio -197.6% → 95.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 489 NOK → 21.33m NOK (+856799.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.26× → 19.65×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 20.85m NOK → 32.36m NOK (+11.51m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 551.1k NOK to 485.8k NOK (-11.8% YoY). Calculated