FirmaIQ
Org.nr 998 261 988 2017 → 2018 Year-over-year analysis

A.H.SYVERSEN AS: årsregnskap 2018 vs 2017

Grew 61% on revenue, stronger earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A.H.SYVERSEN AS. Revenue 353.9k NOK → 569.7k NOK (+61.0%). Net result +902 NOK → +128.0k NOK. Equity 12.88m NOK → 1.01m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A.H.SYVERSEN AS.

At a glance

Scorecard

Revenue
353.9k NOK 569.7k NOK
+61.0%
Operating result
-1 810 NOK +165.4k NOK
+9239.7%
Net result
+902 NOK +128.0k NOK
+14090.7%
Equity
12.88m NOK 1.01m NOK
-92.2%
Cash
301.2k NOK 67.4k NOK
-77.6%
Total assets
1.40m NOK 1.95m NOK
+39.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 353.9k NOK to 569.7k NOK (+61.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1 810 NOK → +165.4k NOK (op. margin -0.5% → 29.0%). Calculated

  • ↑

    Net result improved

    Net result +902 NOK → +128.0k NOK (net margin 0.3% → 22.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.88m NOK → 1.01m NOK (equity ratio 921.1% → 51.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 301.2k NOK → 67.4k NOK (-77.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 17.6k NOK → 30.2k NOK (5% → 5% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 338.1k NOK → 851.37m NOK (+251686.7% YoY). Calculated