SAGA PURE ASA: årsregnskap 2018 vs 2017
Shrank 76% on revenue, weaker earnings
approved 2019-05-23; registry 2019-07-04; journal 2019 605996
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for SAGA PURE ASA. Revenue 146.93m NOK → 34.94m NOK (-76.2%). Net result +139.45m NOK → +28.14m NOK. Equity 304.01m NOK → 292.23m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for SAGA PURE ASA.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 2.15m NOK → 128.87m NOK (+5902.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 146.93m NOK to 34.94m NOK (-76.2% YoY). Calculated
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↓
Net result weakened
Net result +139.45m NOK → +28.14m NOK (net margin 94.9% → 80.5%). Calculated
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↓
Equity eroded
Book equity 304.01m NOK → 292.23m NOK (equity ratio 92.0% → 98.6%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 862.24m NOK → 822.32m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 302.77m NOK → 137.18m NOK. Reported fact