A. KOLSTAD HOLDING AS: årsregnskap 2018 vs 2017
Grew 408% on revenue
approved 2019-06-24; registry 2019-07-03; journal 2019 584263
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A. KOLSTAD HOLDING AS. Revenue 121.5k NOK → 617.2k NOK (+408.0%). Net result +37.5k NOK → +28.9k NOK. Equity 45.5k NOK → 16.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A. KOLSTAD HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 121.5k NOK to 617.2k NOK (+408.0% YoY). Calculated
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↑
Cash rose
Bank deposits 8 685 NOK → 204.9k NOK (+2259.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +36.1k NOK → -28.8k NOK (op. margin 29.7% → -4.7%). Calculated
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↓
Net result weakened
Net result +37.5k NOK → +28.9k NOK (net margin 30.8% → 4.7%). Calculated
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↓
Equity eroded
Book equity 45.5k NOK → 16.6k NOK (equity ratio 18.2% → 6.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1 115 NOK → 577.9k NOK (1% → 94% of revenue). Calculated