FirmaIQ
Org.nr 858 905 192 2017 → 2018 Year-over-year analysis

SMARTOPTICS GROUP ASA: årsregnskap 2018 vs 2017

Slipped into loss, cash halved-plus

approved 2019-06-18; registry 2019-07-10; journal 2019 663748

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for SMARTOPTICS GROUP ASA. Net result +715.1k NOK → -600.4k NOK. Equity 87.97m NOK → 91.26m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: operating result weakened; fell into a net loss; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for SMARTOPTICS GROUP ASA.

At a glance

Scorecard

Revenue
87.8k NOK n/m
—
Operating result
+5547.20bn NOK +40.8k NOK
-100.0%
Net result
+715.1k NOK -600.4k NOK
-184.0%
Equity
87.97m NOK 91.26m NOK
+3.7%
Cash
9.75m NOK 161.9k NOK
-98.3%
Total assets
98.28m NOK 95.98m NOK
-2.3%

What improved

  • ↑

    Equity strengthened

    Book equity 87.97m NOK → 91.26m NOK (equity ratio 89.5% → 95.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 33.60m NOK → 37.48m NOK (+3.89m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +5547.20bn NOK → +40.8k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 715.1k NOK profit to a loss of 600.4k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 9.75m NOK → 161.9k NOK (-98.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (9.75m NOK → 161.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation