Org.nr 933 739 384 2017 → 2018 Year-over-year analysis

VEND MARKETPLACES ASA: årsregnskap 2018 vs 2017

Shrank 45% on revenue

approved 2019-05-03; registry 2019-06-20; journal 2019 476885

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for VEND MARKETPLACES ASA. Revenue 156.00m NOK → 86.00m NOK (-44.9%). Equity 16.22bn NOK → 16.78bn NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for VEND MARKETPLACES ASA.

Scorecard

Revenue
156.00m NOK 86.00m NOK
-44.9%
Operating result
-237.00m NOK -199.00m NOK
+16.0%
Net result
n/m +652.00m NOK
—
Equity
16.22bn NOK 16.78bn NOK
+3.5%
Cash
1.13m NOK 1.14bn NOK
+100518.9%
Total assets
30.30bn NOK 31.62bn NOK
+4.4%

What improved

  • ↑

    Operating result improved

    Operating result -237.00m NOK → -199.00m NOK (op. margin -151.9% → -231.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 16.22bn NOK → 16.78bn NOK (equity ratio 53.5% → 53.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.13m NOK → 1.14bn NOK (+100518.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 6.81bn NOK → 6.84bn NOK (+31.00m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 4.15m NOK → 4.13m NOK (3% → 5% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 156.00m NOK to 86.00m NOK (-44.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 432.00m NOK → 409.00m NOK (-5.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 28.07bn NOK → 29.38bn NOK. Reported fact