NORDIC FINANCIALS ASA: årsregnskap 2018 vs 2017
Grew 268% on revenue
approved 2019-04-30; registry 2019-07-18; journal 2019 743370
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for NORDIC FINANCIALS ASA. Revenue 892.2k NOK → 3.28m NOK (+267.6%). Equity 61.06m NOK → 60.51m NOK.
On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORDIC FINANCIALS ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 892.2k NOK to 3.28m NOK (+267.6% YoY). Calculated
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↑
Operating result improved
Operating result -1.94m NOK → +685.0k NOK (op. margin -217.8% → 20.9%). Calculated
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↑
Owners injected capital
Paid-in equity rose 118.25m NOK → 122.15m NOK (+3.90m NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 61.06m NOK → 60.51m NOK (equity ratio 82.7% → 83.6%). Calculated
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↓
Cash fell
Bank deposits 384.7k NOK → 197.0k NOK (-48.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 69.09m NOK → 69.19m NOK. Reported fact