A GULLIKSEN & SØNN AS: årsregnskap 2018 vs 2017
Grew 6% on revenue, returned to profit
approved 2019-05-28; registry 2019-06-19; journal 2019 471409
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A GULLIKSEN & SØNN AS. Revenue 3.34m NOK → 3.54m NOK (+6.0%). Net result -93.7k NOK → +440.4k NOK. Equity -116.2k NOK → 274.2k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A GULLIKSEN & SØNN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.34m NOK to 3.54m NOK (+6.0% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 93.7k NOK to a profit of 440.4k NOK. Calculated
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Equity strengthened
Book equity -116.2k NOK → 274.2k NOK (equity ratio -7.7% → 17.3%). Calculated
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Cash rose
Bank deposits 32.7k NOK → 188.6k NOK (+477.0% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.69× → 1.19×. Calculated
Things to notice
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Payroll increased
Salary cost 2 017 NOK → 2.17m NOK (0% → 61% of revenue). Calculated
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COGS fell
COGS / varekostnad 984.9k NOK → 848.2k NOK (-13.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 36.2k NOK → 4 704 NOK. Reported fact