NORCONSULT ASA: årsregnskap 2018 vs 2017
Grew 25% on revenue, stronger earnings
approved 2019-04-11; registry 2019-06-15; journal 2019 419488
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for NORCONSULT ASA. Revenue 4.62bn NOK → 5.79bn NOK (+25.2%). Net result +262.7k NOK → +745.9k NOK. Equity 206.04m NOK → 511.8k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for NORCONSULT ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.62bn NOK to 5.79bn NOK (+25.2% YoY). Calculated
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↑
Net result improved
Net result +262.7k NOK → +745.9k NOK (net margin 0.0% → 0.0%). Calculated
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↑
Cash rose
Bank deposits 366.5k NOK → 326.86m NOK (+89086.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 206.04m NOK → 511.8k NOK (equity ratio 20969.3% → 50.9%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 206.04m NOK → 206.01m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 216.72m NOK → 8.01m NOK. Reported fact