Org.nr 984 648 820 2017 → 2018 Year-over-year analysis

NORDA ASA: årsregnskap 2018 vs 2017

Shrank 73% on revenue

approved 2019-06-21; registry 2019-07-29; journal 2019 809200

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for NORDA ASA. Revenue 62.38m NOK → 16.83m NOK (-73.0%). Equity 8.17bn NOK → 69.76m NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORDA ASA.

Scorecard

Revenue
62.38m NOK 16.83m NOK
-73.0%
Equity
8.17bn NOK 69.76m NOK
-99.1%
Cash
4.08m NOK 13.71m NOK
+236.4%
Total assets
491.40m NOK 490.11m NOK
-0.3%

What improved

  • ↑

    Cash rose

    Bank deposits 4.08m NOK → 13.71m NOK (+236.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 23.39m NOK → 23.49m NOK (+95.7k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 62.38m NOK to 16.83m NOK (-73.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 8.17bn NOK → 69.76m NOK (equity ratio 1663.1% → 14.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 31.23m NOK → 36.14m NOK. Reported fact