FirmaIQ
Org.nr 988 376 442 2017 → 2018 Year-over-year analysis

A. LARSEN HUSFLID AS: årsregnskap 2018 vs 2017

Grew 20% on revenue, stronger earnings

approved 2019-06-25; registry 2019-07-02; journal 2019 589327

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A. LARSEN HUSFLID AS. Revenue 5.57m NOK → 6.69m NOK (+20.0%). Net result +67.5k NOK → +240.8k NOK. Equity 491.7k NOK → 250.9k 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. LARSEN HUSFLID AS.

At a glance

Scorecard

Revenue
5.57m NOK 6.69m NOK
+20.0%
Operating result
+9 103 NOK +184.2k NOK
+1923.5%
Net result
+67.5k NOK +240.8k NOK
+256.6%
Equity
491.7k NOK 250.9k NOK
-49.0%
Cash
87.1k NOK 47.2k NOK
-45.8%
Total assets
2.15m NOK 2.19m NOK
+2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.57m NOK to 6.69m NOK (+20.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +9 103 NOK → +184.2k NOK (op. margin 0.2% → 2.8%). Calculated

  • ↑

    Net result improved

    Net result +67.5k NOK → +240.8k NOK (net margin 1.2% → 3.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 491.7k NOK → 250.9k NOK (equity ratio 22.9% → 11.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 87.1k NOK → 47.2k NOK (-45.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.11m NOK → 2.37m NOK (38% → 35% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.99m NOK → 3.52m NOK (+18.0% YoY). Calculated