62 NORD AS: årsregnskap 2018 vs 2017
Grew 11% on revenue
approved 2019-05-27; registry 2019-06-17; journal 2019 443442
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 62 NORD AS. Revenue 26.22m NOK → 29.16m NOK (+11.2%). Equity 18.92m NOK → 18.19m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 62 NORD AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 26.22m NOK to 29.16m NOK (+11.2% YoY). Calculated
-
↑
Cash rose
Bank deposits 362.5k NOK → 426.8k NOK (+17.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 18.92m NOK → 18.19m NOK (equity ratio 56.1% → 49.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 9.24m NOK → 10.39m NOK (35% → 36% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.31m NOK → 6.65m NOK (+25.1% YoY). Calculated