NEKKAR ASA: årsregnskap 2018 vs 2017
Shrank 51% on revenue, stronger earnings
approved 2019-06-27; registry 2019-07-27; journal 2019 798410
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for NEKKAR ASA. Revenue 45.89m NOK → 22.31m NOK (-51.4%). Net result +8.20m NOK → +11.81m NOK. Equity 433.4k NOK → 17.52m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for NEKKAR ASA.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +8.84m NOK → +15.11m NOK (op. margin 19.3% → 67.7%). Calculated
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↑
Net result improved
Net result +8.20m NOK → +11.81m NOK (net margin 17.9% → 52.9%). Calculated
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↑
Equity strengthened
Book equity 433.4k NOK → 17.52m NOK (equity ratio 50.6% → 1950.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 45.89m NOK to 22.31m NOK (-51.4% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 158.89m NOK → 161.3k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 3.14m NOK → 142.1k NOK (-95.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 634.5k NOK → 0 NOK. Reported fact