A C BERGERSEN & SØNNER AS: årsregnskap 2018 vs 2017
Grew 16% on revenue, cash halved-plus
approved 2019-05-31; registry 2019-07-10; journal 2019 679969
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A C BERGERSEN & SØNNER AS. Revenue 3.40m NOK → 3.94m NOK (+16.0%). Equity 951.3k NOK → 937.8k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A C BERGERSEN & SØNNER AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.40m NOK to 3.94m NOK (+16.0% YoY). Calculated
-
↑
Payroll decreased
Salary cost 288.0k NOK → 255.9k NOK (8% → 6% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 951.3k NOK → 937.8k NOK (equity ratio 55.1% → 45.2%). Calculated
-
↓
Cash fell
Bank deposits 843.9k NOK → 97.0k NOK (-88.5% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 929.1k NOK → 160.6k NOK (-82.7% YoY). Calculated