VOW ASA: årsregnskap 2018 vs 2017
Grew 33% on revenue, slipped into loss
approved 2019-04-26; registry 2019-06-29; journal 2019 563022
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for VOW ASA. Revenue 247.0k NOK → 329.6k NOK (+33.4%). Net result +12.63m NOK → -2.30m NOK. Equity 241.0k NOK → 239.13m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: fell into a net loss.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for VOW ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 247.0k NOK to 329.6k NOK (+33.4% YoY). Calculated
-
↑
Operating result improved
Operating result +21.94m NOK → +35.78m NOK (op. margin 8880.5% → 10857.0%). Calculated
-
↑
Equity strengthened
Book equity 241.0k NOK → 239.13m NOK (equity ratio 99.8% → 99.5%). Calculated
-
↑
Cash rose
Bank deposits 97.0k NOK → 511.0k NOK (+426.8% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 12.63m NOK profit to a loss of 2.30m NOK. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 187.46m NOK → 187.9k NOK — check capital reduction, conversion, or reclassification. Interpretation