A. ØYSTESE TRANSPORT AS: årsregnskap 2018 vs 2017
Grew 178432% on revenue
approved 2019-05-30; registry 2019-07-02; journal 2019 584513
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A. ØYSTESE TRANSPORT AS. Revenue 1 404 NOK → 2.51m NOK (+178431.9%). Net result +278.4k NOK → +231.6k NOK. Equity 5.38m NOK → 609.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. ØYSTESE TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 404 NOK to 2.51m NOK (+178431.9% YoY). Calculated
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↑
Cash rose
Bank deposits 512.6k NOK → 579.4k NOK (+13.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +366.1k NOK → +309.3k NOK (op. margin 26077.9% → 12.3%). Calculated
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↓
Net result weakened
Net result +278.4k NOK → +231.6k NOK (net margin 19828.3% → 9.2%). Calculated
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↓
Equity eroded
Book equity 5.38m NOK → 609.9k NOK (equity ratio 734.5% → 62.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 327 NOK → 799.8k NOK (95% → 32% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 26.6k NOK → 100.1k NOK (+277.0% YoY). Calculated