2TAL ELEKTRO AS: årsregnskap 2018 vs 2017
Grew 27% on revenue, stronger earnings
approved 2019-06-10; registry 2019-06-24; journal 2019 508602
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 2TAL ELEKTRO AS. Revenue 14.75m NOK → 18.73m NOK (+27.0%). Net result +294.9k NOK → +705.6k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 2TAL ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 14.75m NOK to 18.73m NOK (+27.0% YoY). Calculated
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↑
Net result improved
Net result +294.9k NOK → +705.6k NOK (net margin 2.0% → 3.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +201.38m NOK → +2 192 NOK (op. margin 1365.0% → 0.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 6.20m NOK → 6.51m NOK (42% → 35% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 6.27m NOK → 7.62m NOK (+21.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 955.0k NOK → 954 NOK. Reported fact