Org.nr 983 268 633 2017 → 2018 Year-over-year analysis

OSLO BØRS ASA: årsregnskap 2018 vs 2017

Grew 6% on revenue, weaker earnings, cash halved-plus

approved 2019-05-14; registry 2019-06-11; journal 2019 402096

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for OSLO BØRS ASA. Revenue 488.8k NOK → 519.1k NOK (+6.2%). Net result +220.98m NOK → +235.0k NOK. Equity 243.09m NOK → 249.0k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for OSLO BØRS ASA.

Scorecard

Revenue
488.8k NOK 519.1k NOK
+6.2%
Operating result
+275.6k NOK +296.7k NOK
+7.7%
Net result
+220.98m NOK +235.0k NOK
-99.9%
Equity
243.09m NOK 249.0k NOK
-99.9%
Cash
170.63m NOK 199.5k NOK
-99.9%
Total assets
530.2k NOK 547.0k NOK
+3.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 488.8k NOK to 519.1k NOK (+6.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +275.6k NOK → +296.7k NOK (op. margin 56.4% → 57.2%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +220.98m NOK → +235.0k NOK (net margin 45211.5% → 45.3%). Calculated

  • ↓

    Equity eroded

    Book equity 243.09m NOK → 249.0k NOK (equity ratio 45853.1% → 45.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 170.63m NOK → 199.5k NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (170.63m NOK → 199.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 251.2k NOK → 251.17m NOK. Reported fact