Org.nr 932 056 674 2017 → 2018 Year-over-year analysis

A. LANGKAAS & SØNN AS: årsregnskap 2018 vs 2017

Grew 16% on revenue

approved 2019-05-29; registry 2019-06-17; journal 2019 451943

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A. LANGKAAS & SØNN AS. Revenue 5.64m NOK → 6.56m NOK (+16.3%). Equity 7.48m NOK → 7.99m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. LANGKAAS & SØNN AS.

At a glance

Revenue

5.64m NOK 6.56m NOK

+16.3%

Equity

7.48m NOK 7.99m NOK

+6.8%

Cash

2.23m NOK 3.67m NOK

+64.3%

Total assets

11.54m NOK 12.05m NOK

+4.4%

↑
Revenue rose

Operating income / revenue moved from 5.64m NOK to 6.56m NOK (+16.3% YoY). Calculated
↑
Equity strengthened

Book equity 7.48m NOK → 7.99m NOK (equity ratio 64.8% → 66.3%). Calculated
↑
Cash rose

Bank deposits 2.23m NOK → 3.67m NOK (+64.3% YoY). Calculated
↑
Payroll decreased

Salary cost 1.77m NOK → 2 018 NOK (31% → 0% of revenue). Calculated