FirmaIQ
Org.nr 997 471 172 2017 → 2018 Year-over-year analysis

A.B TJENESTER AS: årsregnskap 2018 vs 2017

Grew 92% on revenue, slipped into loss, cash halved-plus

approved 2019-05-15; registry 2019-06-24; journal 2019 515548

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A.B TJENESTER AS. Revenue 698.1k NOK → 1.34m NOK (+91.8%). Net result +712.9k NOK → -140.2k NOK. Equity 2.22m NOK → 2.08m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A.B TJENESTER AS.

At a glance

Scorecard

Revenue
698.1k NOK 1.34m NOK
+91.8%
Operating result
+842.4k NOK +150.8k NOK
-82.1%
Net result
+712.9k NOK -140.2k NOK
-119.7%
Equity
2.22m NOK 2.08m NOK
-6.3%
Cash
546.1k NOK 242.6k NOK
-55.6%
Total assets
4.81m NOK 2.42m NOK
-49.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 698.1k NOK to 1.34m NOK (+91.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +842.4k NOK → +150.8k NOK (op. margin 120.7% → 11.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 712.9k NOK profit to a loss of 140.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.22m NOK → 2.08m NOK (equity ratio 46.2% → 86.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 546.1k NOK → 242.6k NOK (-55.6% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 496.6k NOK → 650.9k NOK (+31.1% YoY). Calculated