STRONGPOINT ASA: årsregnskap 2018 vs 2017
Grew 51% on revenue, stronger earnings, fresh owner capital
approved 2019-04-26; registry 2019-05-13; journal 2019 327335
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for STRONGPOINT ASA. Revenue 10.61m NOK → 16.01m NOK (+50.9%). Net result +10.04m NOK → +13.45m NOK. Equity 227.0k NOK → 202.18m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell; 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 STRONGPOINT ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 10.61m NOK to 16.01m NOK (+50.9% YoY). Calculated
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Net result improved
Net result +10.04m NOK → +13.45m NOK (net margin 94.6% → 84.0%). Calculated
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Equity strengthened
Book equity 227.0k NOK → 202.18m NOK (equity ratio 50.0% → 44.6%). Calculated
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Owners injected capital
Paid-in equity rose 227.0k NOK → 27.45m NOK (+27.22m NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 41.50m NOK → 26.98m NOK (-35.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 197.57× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 10.38m NOK → 21.86m NOK (98% → 137% of revenue). Calculated
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COGS moved
COGS / varekostnad 12.47m NOK → 12.53m NOK (+0.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 2.18m NOK → 12.70m NOK. Reported fact