A.M.WORLD MUSIC & THAI FRUITS AS: årsregnskap 2018 vs 2017
Shrank 10% on revenue, returned to profit
approved 2019-05-31; registry 2019-06-20; journal 2019 481807
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A.M.WORLD MUSIC & THAI FRUITS AS. Revenue 1.47m NOK → 1.33m NOK (-9.6%). Net result -493.5k NOK → +30.0k NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.M.WORLD MUSIC & THAI FRUITS AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -493.5k NOK → +30.0k NOK (op. margin -33.6% → 2.3%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 493.5k NOK to a profit of 30.0k NOK. Calculated
-
↑
Cash rose
Bank deposits 8 371 NOK → 50.3k NOK (+500.5% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.47m NOK to 1.33m NOK (-9.6% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 263.0k NOK → 66.1k NOK (-74.9% YoY). Calculated