FirmaIQ
Org.nr 998 806 240 2017 → 2018 Year-over-year analysis

A.FURULUND ASFALT AS: årsregnskap 2018 vs 2017

Grew 36% on revenue, cash halved-plus

approved 2019-06-21; registry 2019-07-03; journal 2019 586307

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A.FURULUND ASFALT AS. Revenue 7.88m NOK → 10.72m NOK (+36.1%). Net result +883.3k NOK → +922.3k NOK. Equity 123.9k NOK → 46.2k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A.FURULUND ASFALT AS.

At a glance

Scorecard

Revenue
7.88m NOK 10.72m NOK
+36.1%
Net result
+883.3k NOK +922.3k NOK
+4.4%
Equity
123.9k NOK 46.2k NOK
-62.7%
Cash
754.1k NOK 250.7k NOK
-66.8%
Total assets
1.77m NOK 3.82m NOK
+116.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.88m NOK to 10.72m NOK (+36.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 123.9k NOK → 46.2k NOK (equity ratio 7.0% → 1.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 754.1k NOK → 250.7k NOK (-66.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2.30m NOK → 2.68m NOK (29% → 25% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.67m NOK → 4.94m NOK (+85.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 37.7k NOK → 27.7k NOK. Reported fact