Org.nr 870 992 572 2017 → 2018 Year-over-year analysis

A NIELSEN TRAFIKKSKOLE AS: årsregnskap 2018 vs 2017

Another loss-making year

approved 2019-05-10; registry 2019-06-18; journal 2019 453799

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A NIELSEN TRAFIKKSKOLE AS. Revenue 3.12m NOK → 2.98m NOK (-4.6%). Equity 436.7k NOK → 334.9k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

At a glance

Revenue

3.12m NOK 2.98m NOK

-4.6%

Operating result

-131.5k NOK -86.5k NOK

+34.2%

Net result

n/m -101.7k NOK

—

Equity

436.7k NOK 334.9k NOK

-23.3%

Cash

287.3k NOK 266.8k NOK

-7.1%

Total assets

1.09m NOK 997.5k NOK

-8.4%

↑
Operating result improved

Operating result -131.5k NOK → -86.5k NOK (op. margin -4.2% → -2.9%). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.12m NOK to 2.98m NOK (-4.6% YoY). Calculated
↓
Equity eroded

Book equity 436.7k NOK → 334.9k NOK (equity ratio 40.1% → 33.6%). Calculated
↓
Cash fell

Bank deposits 287.3k NOK → 266.8k NOK (-7.1% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 988.5k NOK → 1.11m NOK (32% → 37% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 315.7k NOK → 1.07m NOK (+237.9% YoY). Calculated