A-MERKING AS: årsregnskap 2018 vs 2017
Shrank 15% on revenue, stronger earnings
approved 2019-05-13; registry 2019-07-15; journal 2019 706924
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A-MERKING AS. Revenue 24.27m NOK → 20.73m NOK (-14.6%). Net result +256.4k NOK → +572.0k NOK. Equity 942.8k NOK → 1.21m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-MERKING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +256.4k NOK → +572.0k NOK (net margin 1.1% → 2.8%). Calculated
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↑
Equity strengthened
Book equity 942.8k NOK → 1.21m NOK (equity ratio 16.4% → 24.8%). Calculated
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Cash rose
Bank deposits 932.8k NOK → 1.41m NOK (+51.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 24.27m NOK to 20.73m NOK (-14.6% YoY). Calculated
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↓
Operating result weakened
Operating result +982.8k NOK → +745.5k NOK (op. margin 4.0% → 3.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 7.98m NOK → 8.43m NOK (33% → 41% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 10.10m NOK → 8.02m NOK (-20.6% YoY). Calculated