2KN RØR-SERVICE AS: årsregnskap 2018 vs 2017
Grew 63% on revenue, stronger earnings
approved 2019-05-28; registry 2019-08-07; journal 2019 901004
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 2KN RØR-SERVICE AS. Revenue 2.06m NOK → 3.35m NOK (+62.5%). Net result +36.7k NOK → +70.3k NOK. Equity 136.0k NOK → 206.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 2KN RØR-SERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.06m NOK to 3.35m NOK (+62.5% YoY). Calculated
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Operating result improved
Operating result +48.5k NOK → +113.3k NOK (op. margin 2.4% → 3.4%). Calculated
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Net result improved
Net result +36.7k NOK → +70.3k NOK (net margin 1.8% → 2.1%). Calculated
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Equity strengthened
Book equity 136.0k NOK → 206.3k NOK (equity ratio 21.4% → 31.0%). Calculated
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Cash rose
Bank deposits 347.5k NOK → 425.2k NOK (+22.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 995.3k NOK → 1.62m NOK (48% → 48% of revenue). Calculated
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COGS moved
COGS / varekostnad 165.4k NOK → 766.0k NOK (+363.1% YoY). Calculated