FirmaIQ
Org.nr 937 917 376 2018 → 2019 Year-over-year analysis

NUSSIR ASA: årsregnskap 2019 vs 2018

Grew 8485% on revenue, cash halved-plus

approved 2020-02-15; registry 2020-04-04; journal 2020 274824

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for NUSSIR ASA. Revenue 49.4k NOK → 4.24m NOK (+8484.7%). Equity 27.87m NOK → 18.55m NOK.

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

Also worth watching: sharp cash drawdown; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for NUSSIR ASA.

At a glance

Scorecard

Revenue
49.4k NOK 4.24m NOK
+8484.7%
Operating result
-5.07m NOK n/m
—
Equity
27.87m NOK 18.55m NOK
-33.4%
Cash
11.85m NOK 453.2k NOK
-96.2%
Total assets
27.94m NOK 19.74m NOK
-29.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 49.4k NOK to 4.24m NOK (+8484.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 27.87m NOK → 18.55m NOK (equity ratio 99.8% → 94.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.85m NOK → 453.2k NOK (-96.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (11.85m NOK → 453.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 27.87m NOK → 18.55m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 620.0k NOK → 2.63m NOK (1255% → 62% of revenue). Calculated