Org.nr 989 958 364 2017 → 2018 Year-over-year analysis

60 GRADER NORD KIROPRAKTIKK AS: årsregnskap 2018 vs 2017

Stronger earnings

approved 2019-04-25; registry 2019-06-11; journal 2019 402900

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 60 GRADER NORD KIROPRAKTIKK AS. Revenue 7.24m NOK → 7.44m NOK (+2.8%). Net result +66.1k NOK → +93.1k NOK. Equity 276.4k NOK → 219.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 60 GRADER NORD KIROPRAKTIKK AS.

Scorecard

Revenue
7.24m NOK 7.44m NOK
+2.8%
Operating result
+112.9k NOK +143.1k NOK
+26.8%
Net result
+66.1k NOK +93.1k NOK
+40.7%
Equity
276.4k NOK 219.5k NOK
-20.6%
Cash
370.2k NOK 440.4k NOK
+19.0%
Total assets
883.7k NOK 6 358 NOK
-99.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.24m NOK to 7.44m NOK (+2.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +112.9k NOK → +143.1k NOK (op. margin 1.6% → 1.9%). Calculated

  • ↑

    Net result improved

    Net result +66.1k NOK → +93.1k NOK (net margin 0.9% → 1.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 370.2k NOK → 440.4k NOK (+19.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 276.4k NOK → 219.5k NOK (equity ratio 31.3% → 3452.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 506.3k NOK → 552.8k NOK (7% → 7% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 4.80m NOK → 4.78m NOK (-0.4% YoY). Calculated