A. MIDTBØEN ELEKTRO AS: årsregnskap 2018 vs 2017
Shrank 26% on revenue
approved 2019-05-31; registry 2019-07-10; journal 2019 656085
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A. MIDTBØEN ELEKTRO AS. Revenue 3.40m NOK → 2.53m NOK (-25.6%).
On the constructive side: payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. MIDTBØEN ELEKTRO AS.
At a glance
Scorecard
Revenue
3.40m NOK
2.53m NOK
-25.6%
Net result
+242.8k NOK
n/m
—
What improved
-
↑
Payroll decreased
Salary cost 1.36m NOK → 1.21m NOK (40% → 48% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.40m NOK to 2.53m NOK (-25.6% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 1.30m NOK → 927.7k NOK (-28.6% YoY). Calculated