FirmaIQ
Org.nr 998 362 490 2017 → 2018 Year-over-year analysis

A.G TAVLESERVICE AS: årsregnskap 2018 vs 2017

Shrank 6% on revenue, weaker earnings

approved 2019-06-30; registry 2019-07-11; journal 2019 692112

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A.G TAVLESERVICE AS. Revenue 9.24m NOK → 8.73m NOK (-5.6%). Net result +1.39m NOK → +15.1k NOK. Equity 2.39m NOK → 2.41m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
9.24m NOK 8.73m NOK
-5.6%
Net result
+1.39m NOK +15.1k NOK
-98.9%
Equity
2.39m NOK 2.41m NOK
+0.6%
Cash
977.7k NOK 1.01m NOK
+3.3%
Total assets
3.71m NOK 3.77m NOK
+1.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2.39m NOK → 2.41m NOK (equity ratio 64.4% → 63.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 977.7k NOK → 1.01m NOK (+3.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.24m NOK to 8.73m NOK (-5.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.39m NOK → +15.1k NOK (net margin 15.0% → 0.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 99.3k NOK → 1.20m NOK (1% → 14% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 5.51m NOK → 6.47m NOK (+17.5% YoY). Calculated