FirmaIQ
Org.nr 964 217 890 2017 → 2018 Year-over-year analysis

A PEDERSEN-MJAANES AS: årsregnskap 2018 vs 2017

Shrank 7% on revenue

approved 2019-04-06; registry 2019-05-15; journal 2019 338801

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A PEDERSEN-MJAANES AS. Revenue 3.91m NOK → 3.64m NOK (-6.8%). Net result +345.4k NOK → +287.6k NOK. Equity 2.08m NOK → 2.36m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A PEDERSEN-MJAANES AS.

At a glance

Scorecard

Revenue
3.91m NOK 3.64m NOK
-6.8%
Operating result
+458.0k NOK +366.5k NOK
-20.0%
Net result
+345.4k NOK +287.6k NOK
-16.7%
Equity
2.08m NOK 2.36m NOK
+13.9%
Cash
2.42m NOK 2.28m NOK
-6.0%
Total assets
2.76m NOK 2.88m NOK
+4.3%

What improved

  • ↑

    Equity strengthened

    Book equity 2.08m NOK → 2.36m NOK (equity ratio 75.2% → 82.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.91m NOK to 3.64m NOK (-6.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +458.0k NOK → +366.5k NOK (op. margin 11.7% → 10.1%). Calculated

  • ↓

    Net result weakened

    Net result +345.4k NOK → +287.6k NOK (net margin 8.8% → 7.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.42m NOK → 2.28m NOK (-6.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 571.2k NOK → 635.7k NOK (15% → 17% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.57m NOK → 2.33m NOK (-9.1% YoY). Calculated