A W KARLSEN AS: årsregnskap 2018 vs 2017
Stronger earnings, fresh owner capital
approved 2019-03-21; registry 2019-07-06; journal 2019 627955
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A W KARLSEN AS. Revenue 6.38m NOK → 6.39m NOK (+0.2%). Net result +278.9k NOK → +462.3k NOK. Equity 1.10m NOK → 1.26m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A W KARLSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.38m NOK to 6.39m NOK (+0.2% YoY). Calculated
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↑
Net result improved
Net result +278.9k NOK → +462.3k NOK (net margin 4.4% → 7.2%). Calculated
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↑
Equity strengthened
Book equity 1.10m NOK → 1.26m NOK (equity ratio 48.1% → 58.0%). Calculated
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↑
Cash rose
Bank deposits 678.2k NOK → 919.5k NOK (+35.6% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 250.0k NOK → 326.6k NOK (+76.6k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +362.8k NOK → +234.2k NOK (op. margin 5.7% → 3.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.88m NOK → 2.91m NOK (45% → 45% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.28m NOK → 2.47m NOK (+8.1% YoY). Calculated