A.K. SNEKRING AS: årsregnskap 2018 vs 2017
Grew 145% on revenue, cash halved-plus
approved 2019-05-31; registry 2019-06-19; journal 2019 470731
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A.K. SNEKRING AS. Revenue 908.7k NOK → 2.22m NOK (+144.7%). Equity 244.7k NOK → 192.5k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A.K. SNEKRING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 908.7k NOK to 2.22m NOK (+144.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 244.7k NOK → 192.5k NOK (equity ratio 36.2% → 32.7%). Calculated
-
↓
Cash fell
Bank deposits 617.1k NOK → 304.4k NOK (-50.7% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.13m NOK → 1.34m NOK (124% → 60% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 385.4k NOK → 709.6k NOK (+84.2% YoY). Calculated