A/S Even Cudrio: årsregnskap 2018 vs 2017
Grew 11% on revenue, returned to profit
approved 2019-07-04; registry 2019-07-29; journal 2019 810850
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A/S Even Cudrio. Revenue 17.93m NOK → 19.86m NOK (+10.7%). Net result -704.2k NOK → +6 NOK. Equity 4.22m NOK → 3.94m NOK.
On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A/S Even Cudrio.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 17.93m NOK to 19.86m NOK (+10.7% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 704.2k NOK to a profit of 6 NOK. Calculated
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↑
Cash rose
Bank deposits 303.9k NOK → 384.1k NOK (+26.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +830.7k NOK → -30.7k NOK (op. margin 4.6% → -0.2%). Calculated
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↓
Equity eroded
Book equity 4.22m NOK → 3.94m NOK (equity ratio 39.0% → 37.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 6.58m NOK → 7.44m NOK (+13.0% YoY). Calculated