FirmaIQ
Org.nr 917 036 446 2017 → 2018 Year-over-year analysis

28TH PROPERTIES AS: årsregnskap 2018 vs 2017

Grew 16000% on revenue, stronger earnings

approved 2019-06-24; registry 2019-07-03; journal 2019 594881

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 28TH PROPERTIES AS. Revenue 50.0k NOK → 8.05m NOK (+16000.0%). Net result +18.6k NOK → +235.3k NOK. Equity 48.6k NOK → 283.9k 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 28TH PROPERTIES AS.

At a glance

Scorecard

Revenue
50.0k NOK 8.05m NOK
+16000.0%
Operating result
+24.4k NOK +334.9k NOK
+1270.1%
Net result
+18.6k NOK +235.3k NOK
+1165.6%
Equity
48.6k NOK 283.9k NOK
+484.2%
Cash
10.1k NOK 440.9k NOK
+4286.4%
Total assets
60.1k NOK 460.0k NOK
+666.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 50.0k NOK to 8.05m NOK (+16000.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +24.4k NOK → +334.9k NOK (op. margin 48.9% → 4.2%). Calculated

  • ↑

    Net result improved

    Net result +18.6k NOK → +235.3k NOK (net margin 37.2% → 2.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 48.6k NOK → 283.9k NOK (equity ratio 80.9% → 61.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.1k NOK → 440.9k NOK (+4286.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 93 NOK → 7 642 NOK (+8117.2% YoY). Calculated