3M BUTIKKDRIFT AS: årsregnskap 2018 vs 2017
Grew 7% on revenue
approved 2019-03-26; registry 2019-07-04; journal 2019 614055
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 3M BUTIKKDRIFT AS. Revenue 1.22m NOK → 1.31m NOK (+7.2%). Net result +13.5k NOK → +12.0k NOK. Equity 58.0k NOK → 70.0k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 3M BUTIKKDRIFT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.22m NOK to 1.31m NOK (+7.2% YoY). Calculated
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↑
Equity strengthened
Book equity 58.0k NOK → 70.0k NOK (equity ratio 31.3% → 18.9%). Calculated
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↑
Cash rose
Bank deposits 155.0k NOK → 354.8k NOK (+128.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +16.0k NOK → +15.5k NOK (op. margin 1.3% → 1.2%). Calculated
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↓
Net result weakened
Net result +13.5k NOK → +12.0k NOK (net margin 1.1% → 0.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 641 NOK → 761.1k NOK (0% → 58% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 535.0k NOK → 468.6k NOK (-12.4% YoY). Calculated