Moelven Industrier ASA: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-05-02; registry 2019-06-17; journal 2019 440182
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for Moelven Industrier ASA. Revenue 2.10m NOK → 2.12m NOK (+0.6%). Equity 14.81m NOK → 896.5k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for Moelven Industrier ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.10m NOK to 2.12m NOK (+0.6% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 14.81m NOK → 896.5k NOK (equity ratio 0.6% → 0.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 135.17× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 778.60m NOK → 778.6k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 6.84bn NOK → 6.92bn NOK (+1.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 800 NOK → 31.0k NOK. Reported fact