Org.nr 936 656 013 2017 → 2018 Year-over-year analysis

MEDISTIM ASA: årsregnskap 2018 vs 2017

Grew 11% on revenue, stronger earnings, fresh owner capital

approved 2019-04-24; registry 2019-05-22; journal 2019 346800

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for MEDISTIM ASA. Revenue 154.3k NOK → 171.1k NOK (+10.9%). Net result +38.42m NOK → +57.05m NOK. Equity 117.8k NOK → 124.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for MEDISTIM ASA.

Scorecard

Revenue
154.3k NOK 171.1k NOK
+10.9%
Operating result
+36.88m NOK +40.15m NOK
+8.9%
Net result
+38.42m NOK +57.05m NOK
+48.5%
Equity
117.8k NOK 124.1k NOK
+5.3%
Cash
21.17m NOK 12.93m NOK
-38.9%
Total assets
197.1k NOK 206.2k NOK
+4.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 154.3k NOK to 171.1k NOK (+10.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +36.88m NOK → +40.15m NOK (op. margin 23898.1% → 23458.9%). Calculated

  • ↑

    Net result improved

    Net result +38.42m NOK → +57.05m NOK (net margin 24894.7% → 33337.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 117.8k NOK → 124.1k NOK (equity ratio 59.8% → 60.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 117.8k NOK → 48.47m NOK (+48.35m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 21.17m NOK → 12.93m NOK (-38.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.57× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 29.27m NOK → 35.31m NOK (+20.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 37.31m NOK → 44.11m NOK. Reported fact