A/S Hørtefossen: årsregnskap 2018 vs 2017
Grew 20% on revenue
approved 2019-05-29; registry 2019-07-09; journal 2019 652607
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A/S Hørtefossen. Revenue 5.94m NOK → 7.15m NOK (+20.5%). Equity 5.90m NOK → 6.78m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S Hørtefossen.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.94m NOK to 7.15m NOK (+20.5% YoY). Calculated
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↑
Equity strengthened
Book equity 5.90m NOK → 6.78m NOK (equity ratio 76.0% → 73.3%). Calculated
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↑
Payroll decreased
Salary cost 2.17m NOK → 2 018 NOK (37% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.95m NOK → 1.41m NOK (-27.9% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.84m NOK → 2.39m NOK (+30.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.03m NOK → 3.73m NOK. Reported fact