A STEEN TRANSPORT AS: årsregnskap 2018 vs 2017
Grew 16% on revenue, cash halved-plus
approved 2019-06-30; registry 2019-07-24; journal 2019 778819
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A STEEN TRANSPORT AS. Revenue 5.76m NOK → 6.67m NOK (+15.8%). Equity 2.15m NOK → 2.50m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A STEEN TRANSPORT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.76m NOK to 6.67m NOK (+15.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 2.15m NOK → 2.50m NOK (equity ratio 68.3% → 45.0%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 858.0k NOK → 265.2k NOK (-69.1% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.69m NOK → 1.83m NOK (29% → 27% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 212.4k NOK → 204.3k NOK (-3.9% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 100.2k NOK → 70.4k NOK. Reported fact