Org.nr 996 713 008 2017 → 2018 Year-over-year analysis

ZELLUNA ASA: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-03-21; registry 2019-07-11; journal 2019 680317

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ZELLUNA ASA. Net result -32.83m NOK → -50.50m NOK. Equity 171.27m NOK → 161.80m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ZELLUNA ASA.

Scorecard

Revenue
5.82m NOK n/m
—
Operating result
-30.19m NOK -51.75m NOK
-71.4%
Net result
-32.83m NOK -50.50m NOK
-53.8%
Equity
171.27m NOK 161.80m NOK
-5.5%
Cash
169.81m NOK 114.54m NOK
-32.5%
Total assets
178.83m NOK 179.9k NOK
-99.9%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -30.19m NOK → -51.75m NOK. Calculated

  • ↓

    Net result weakened

    Net result -32.83m NOK → -50.50m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 171.27m NOK → 161.80m NOK (equity ratio 95.8% → 89945.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 169.81m NOK → 114.54m NOK (-32.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 269.08m NOK → 314.9k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 55.5k NOK. Reported fact