SATS ASA: årsregnskap 2018 vs 2017
Fresh owner capital
approved 2019-06-04; registry 2019-08-01; journal 2019 845456
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for SATS ASA. Revenue 3.25bn NOK → 3.26bn NOK (+0.3%). Equity 1.70bn NOK → 1.76bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for SATS ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.25bn NOK to 3.26bn NOK (+0.3% YoY). Calculated
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↑
Equity strengthened
Book equity 1.70bn NOK → 1.76bn NOK (equity ratio 44.9% → 43.6%). Calculated
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↑
Cash rose
Bank deposits 84.11m NOK → 126.04m NOK (+49.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.70bn NOK → 2.49bn NOK (+795.03m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +323.29m NOK → +103.40m NOK (op. margin 9.9% → 3.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 509.65× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 3.24m NOK → 6.22m NOK (0% → 0% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 69.72m NOK → 80.39m NOK (+15.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.57bn NOK → 3.73bn NOK. Reported fact