FirmaIQ
Org.nr 971 511 842 2017 → 2018 Year-over-year analysis

A INGEBRIGTSEN AS: årsregnskap 2018 vs 2017

Stronger earnings, cash halved-plus

approved 2019-05-21; registry 2019-06-11; journal 2019 401402

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A INGEBRIGTSEN AS. Revenue 1.06m NOK → 1.08m NOK (+2.4%). Net result +171.7k NOK → +366.0k NOK. Equity 1.25m NOK → 1.31m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for A INGEBRIGTSEN AS.

At a glance

Scorecard

Revenue
1.06m NOK 1.08m NOK
+2.4%
Operating result
+191.5k NOK +492.2k NOK
+157.0%
Net result
+171.7k NOK +366.0k NOK
+113.1%
Equity
1.25m NOK 1.31m NOK
+5.3%
Cash
210.8k NOK 70.9k NOK
-66.4%
Total assets
2.29m NOK 2.27m NOK
-1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.06m NOK to 1.08m NOK (+2.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +191.5k NOK → +492.2k NOK (op. margin 18.1% → 45.4%). Calculated

  • ↑

    Net result improved

    Net result +171.7k NOK → +366.0k NOK (net margin 16.2% → 33.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.25m NOK → 1.31m NOK (equity ratio 54.4% → 57.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 210.8k NOK → 70.9k NOK (-66.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 441.08× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 411 NOK → 274.4k NOK (0% → 25% of revenue). Calculated