A BIRKELAND TRAPPESNEKKERI AS: årsregnskap 2018 vs 2017
Grew 16% on revenue, weaker earnings
approved 2019-05-25; registry 2019-07-11; journal 2019 690482
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A BIRKELAND TRAPPESNEKKERI AS. Revenue 1.08m NOK → 1.25m NOK (+15.7%). Net result +195.1k NOK → +22.7k NOK. Equity 365.6k NOK → 342.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A BIRKELAND TRAPPESNEKKERI AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.08m NOK to 1.25m NOK (+15.7% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +247.1k NOK → +19.2k NOK (op. margin 22.8% → 1.5%). Calculated
-
↓
Net result weakened
Net result +195.1k NOK → +22.7k NOK (net margin 18.0% → 1.8%). Calculated
-
↓
Equity eroded
Book equity 365.6k NOK → 342.8k NOK (equity ratio 33.4% → 36.0%). Calculated
-
↓
Cash fell
Bank deposits 389.7k NOK → 205.4k NOK (-47.3% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2 NOK → 731.1k NOK (0% → 58% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 171.9k NOK → 264.8k NOK (+54.1% YoY). Calculated