FirmaIQ
Org.nr 914 543 991 2017 → 2018 Year-over-year analysis

A.G UTVIKLING AS: årsregnskap 2018 vs 2017

Grew 20% on revenue, weaker earnings

approved 2019-05-23; registry 2019-06-12; journal 2019 412760

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A.G UTVIKLING AS. Revenue 3.20m NOK → 3.84m NOK (+20.3%). Net result +266.1k NOK → +171.4k NOK. Equity 10.38m NOK → 10.30m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A.G UTVIKLING AS.

At a glance

Scorecard

Revenue
3.20m NOK 3.84m NOK
+20.3%
Net result
+266.1k NOK +171.4k NOK
-35.6%
Equity
10.38m NOK 10.30m NOK
-0.8%
Cash
377.2k NOK 441.3k NOK
+17.0%
Total assets
1.24m NOK 122.1k NOK
-90.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.20m NOK to 3.84m NOK (+20.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 377.2k NOK → 441.3k NOK (+17.0% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +266.1k NOK → +171.4k NOK (net margin 8.3% → 4.5%). Calculated

  • ↓

    Equity eroded

    Book equity 10.38m NOK → 10.30m NOK (equity ratio 838.6% → 8437.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 204.5k NOK → 955.3k NOK (+367.1% YoY). Calculated