A TIL Å BYGG AS: årsregnskap 2018 vs 2017
Shrank 18% on revenue, returned to profit, cash halved-plus
approved 2019-06-05; registry 2019-07-15; journal 2019 707196
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A TIL Å BYGG AS. Revenue 13.27m NOK → 10.82m NOK (-18.5%). Net result -468.2k NOK → +839.0k NOK. Equity 183.4k NOK → 1.02m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A TIL Å BYGG AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -487.0k NOK → +961.4k NOK (op. margin -3.7% → 8.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 468.2k NOK to a profit of 839.0k NOK. Calculated
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↑
Equity strengthened
Book equity 183.4k NOK → 1.02m NOK (equity ratio 9.7% → 40.7%). Calculated
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↑
Payroll decreased
Salary cost 3.87m NOK → 3.49m NOK (29% → 32% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.27m NOK to 10.82m NOK (-18.5% YoY). Calculated
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↓
Cash fell
Bank deposits 934.0k NOK → 404.6k NOK (-56.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 8.62m NOK → 5.20m NOK (-39.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 122.9k NOK → 86.0k NOK. Reported fact