A-RAIL AS: årsregnskap 2018 vs 2017
Grew 59% on revenue, weaker earnings
approved 2019-04-04; registry 2019-04-13; journal 2019 277802
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A-RAIL AS. Revenue 265.5k NOK → 421.8k NOK (+58.8%). Net result +94.9k NOK → +48.7k NOK. Equity 30.0k NOK → 78.7k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-RAIL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 265.5k NOK to 421.8k NOK (+58.8% YoY). Calculated
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↑
Equity strengthened
Book equity 30.0k NOK → 78.7k NOK (equity ratio 54.1% → 98.5%). Calculated
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↑
Cash rose
Bank deposits 6 875 NOK → 80.0k NOK (+1062.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.27× → 65.64×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +122.1k NOK → +99.1k NOK (op. margin 46.0% → 23.5%). Calculated
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↓
Net result weakened
Net result +94.9k NOK → +48.7k NOK (net margin 35.7% → 11.6%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 376.4k NOK → 311.4k NOK (-17.3% YoY). Calculated