Org.nr 918 450 920 2017 → 2018 Year-over-year analysis

1593 HOLDING AS: årsregnskap 2018 vs 2017

Grew 265% on revenue, stronger earnings

approved 2019-06-22; registry 2019-07-29; journal 2019 850578

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 1593 HOLDING AS. Revenue 152.9k NOK → 558.2k NOK (+265.0%). Net result +41.8k NOK → +217.0k NOK. Equity 66.3k NOK → 283.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 1593 HOLDING AS.

Scorecard

Revenue
152.9k NOK 558.2k NOK
+265.0%
Operating result
+55.0k NOK +281.8k NOK
+412.2%
Net result
+41.8k NOK +217.0k NOK
+418.7%
Equity
66.3k NOK 283.3k NOK
+327.5%
Cash
92.3k NOK 128.0k NOK
+38.7%
Total assets
92.3k NOK 353.8k NOK
+283.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 152.9k NOK to 558.2k NOK (+265.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +55.0k NOK → +281.8k NOK (op. margin 36.0% → 50.5%). Calculated

  • ↑

    Net result improved

    Net result +41.8k NOK → +217.0k NOK (net margin 27.4% → 38.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 66.3k NOK → 283.3k NOK (equity ratio 71.8% → 80.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 92.3k NOK → 128.0k NOK (+38.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 91.0k NOK → 249.8k NOK (+174.5% YoY). Calculated