Org.nr 914 929 849 2017 → 2018 Year-over-year analysis

A.O. EIDE MASKINENTREPRENØR AS: årsregnskap 2018 vs 2017

Grew 44% on revenue

approved 2019-05-16; registry 2019-06-11; journal 2019 399608

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for A.O. EIDE MASKINENTREPRENØR AS. Revenue 3.77m NOK → 5.43m NOK (+44.2%). Equity 1.23m NOK → 1.89m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A.O. EIDE MASKINENTREPRENØR AS.

Scorecard

Revenue
3.77m NOK 5.43m NOK
+44.2%
Equity
1.23m NOK 1.89m NOK
+53.3%
Cash
413.7k NOK 965.6k NOK
+133.4%
Total assets
2.21m NOK 2.94m NOK
+32.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.77m NOK to 5.43m NOK (+44.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.23m NOK → 1.89m NOK (equity ratio 55.6% → 64.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 413.7k NOK → 965.6k NOK (+133.4% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.97× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 380.9k NOK → 742.3k NOK (+94.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 269.8k NOK → 189.6k NOK. Reported fact