70 GRADER N TRANSPORT AS: årsregnskap 2018 vs 2017
Grew 7% on revenue
approved 2019-04-10; registry 2019-07-16; journal 2019 728906
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 70 GRADER N TRANSPORT AS. Revenue 2.41m NOK → 2.57m NOK (+6.7%). Equity 407.3k NOK → 543.0k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 70 GRADER N TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.41m NOK to 2.57m NOK (+6.7% YoY). Calculated
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↑
Equity strengthened
Book equity 407.3k NOK → 543.0k NOK (equity ratio 50.7% → 71.3%). Calculated
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↑
Payroll decreased
Salary cost 506.8k NOK → 395.0k NOK (21% → 15% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 664.7k NOK → 528.3k NOK (-20.5% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 189.9k NOK → 284.4k NOK (+49.8% YoY). Calculated