Org.nr 984 587 651 2017 → 2018 Year-over-year analysis

A9 TEKNISKE NORGE AS: årsregnskap 2018 vs 2017

Grew 11% on revenue

approved 2020-02-20; registry 2020-02-27; journal 2020 219687

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A9 TEKNISKE NORGE AS. Revenue 5.19m NOK → 5.74m NOK (+10.7%). Equity 1.12m NOK → 1.32m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A9 TEKNISKE NORGE AS.

At a glance

Revenue

5.19m NOK 5.74m NOK

+10.7%

Operating result

n/m +229.6k NOK

—

Net result

n/m +203.8k NOK

—

Equity

1.12m NOK 1.32m NOK

+18.3%

Cash

102.1k NOK 263.3k NOK

+157.8%

Total assets

2.55m NOK 2.63m NOK

+3.2%

↑
Revenue rose

Operating income / revenue moved from 5.19m NOK to 5.74m NOK (+10.7% YoY). Calculated
↑
Equity strengthened

Book equity 1.12m NOK → 1.32m NOK (equity ratio 43.7% → 50.1%). Calculated
↑
Cash rose

Bank deposits 102.1k NOK → 263.3k NOK (+157.8% YoY). Calculated
↑
Payroll decreased

Salary cost 7.46m NOK → 2.20m NOK (144% → 38% of revenue). Calculated

·
COGS moved

COGS / varekostnad 2.35m NOK → 2.69m NOK (+14.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 151.0k NOK → 119.0k NOK. Reported fact