A BLOMSTER AS: årsregnskap 2018 vs 2017
Grew 8% on revenue, weaker earnings
approved 2019-05-28; registry 2019-08-06; journal 2019 884380
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A BLOMSTER AS. Revenue 2.63m NOK → 2.84m NOK (+7.9%). Net result +161.2k NOK → +107.9k NOK. Equity 3.24m NOK → 348.6k NOK.
On the constructive side: revenue rose; cash 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 BLOMSTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.63m NOK to 2.84m NOK (+7.9% YoY). Calculated
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↑
Cash rose
Bank deposits 489.9k NOK → 539.1k NOK (+10.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +232.6k NOK → +150.5k NOK (op. margin 8.8% → 5.3%). Calculated
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↓
Net result weakened
Net result +161.2k NOK → +107.9k NOK (net margin 6.1% → 3.8%). Calculated
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↓
Equity eroded
Book equity 3.24m NOK → 348.6k NOK (equity ratio 412.4% → 1795.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 852.8k NOK → 968.1k NOK (32% → 34% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 58.2k NOK → 1.08m NOK (+1762.5% YoY). Calculated