7 FJELL EIENDOMSSERVICE AS: årsregnskap 2018 vs 2017
Grew 376% on revenue, weaker earnings
approved 2019-06-30; registry 2019-07-22; journal 2019 760779
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 7 FJELL EIENDOMSSERVICE AS. Revenue 548.8k NOK → 2.61m NOK (+376.2%). Net result +164.9k NOK → +81.5k NOK. Equity 278.2k NOK → 397.7k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 7 FJELL EIENDOMSSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 548.8k NOK to 2.61m NOK (+376.2% YoY). Calculated
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↑
Equity strengthened
Book equity 278.2k NOK → 397.7k NOK (equity ratio 34.8% → 53.6%). Calculated
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↑
Payroll decreased
Salary cost 955.4k NOK → 792.6k NOK (174% → 30% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +217.0k NOK → +162.9k NOK (op. margin 39.5% → 6.2%). Calculated
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↓
Net result weakened
Net result +164.9k NOK → +81.5k NOK (net margin 30.0% → 3.1%). Calculated
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↓
Cash fell
Bank deposits 462.4k NOK → 309.7k NOK (-33.0% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 712.7k NOK → 988.6k NOK (+38.7% YoY). Calculated