FirmaIQ
Org.nr 981 953 134 2018 → 2019 Year-over-year analysis

ZALARIS ASA: årsregnskap 2019 vs 2018

Weaker earnings, cash halved-plus

approved 2020-05-18; registry 2020-07-22; journal 2020 601833

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ZALARIS ASA. Revenue 116.4k NOK → 118.0k NOK (+1.4%). Net result -1.27m NOK → -7.01m NOK. Equity 92.57m NOK → 62.45m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for ZALARIS ASA.

At a glance

Scorecard

Revenue
116.4k NOK 118.0k NOK
+1.4%
Operating result
+17.34m NOK +14.09m NOK
-18.7%
Net result
-1.27m NOK -7.01m NOK
-450.7%
Equity
92.57m NOK 62.45m NOK
-32.5%
Cash
78.38m NOK 10.56m NOK
-86.5%
Total assets
551.9k NOK 557.7k NOK
+1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 116.4k NOK to 118.0k NOK (+1.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +17.34m NOK → +14.09m NOK (op. margin 14898.7% → 11945.2%). Calculated

  • ↓

    Net result weakened

    Net result -1.27m NOK → -7.01m NOK (net margin -1093.8% → -5942.5%). Calculated

  • ↓

    Equity eroded

    Book equity 92.57m NOK → 62.45m NOK (equity ratio 16773.7% → 11198.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 78.38m NOK → 10.56m NOK (-86.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (78.38m NOK → 10.56m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 48.88m NOK → 40.01m NOK — check capital reduction, conversion, or reclassification. Interpretation