AB HAGE & GRAVESERVICE AS: årsregnskap 2018 vs 2017
Grew 23% on revenue, weaker earnings
approved 2019-04-30; registry 2019-05-22; journal 2019 348727
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AB HAGE & GRAVESERVICE AS. Revenue 2.91m NOK → 3.57m NOK (+22.5%). Net result +685.7k NOK → +5 274 NOK. Equity -735.5k NOK → -740.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AB HAGE & GRAVESERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.91m NOK to 3.57m NOK (+22.5% YoY). Calculated
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↑
Cash rose
Bank deposits -51.0k NOK → 185.7k NOK (+463.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +672.1k NOK → +12.1k NOK (op. margin 23.1% → 0.3%). Calculated
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↓
Net result weakened
Net result +685.7k NOK → +5 274 NOK (net margin 23.6% → 0.1%). Calculated
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↓
Equity eroded
Book equity -735.5k NOK → -740.7k NOK (equity ratio -117.6% → 286.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.16m NOK → 7.00m NOK (40% → 196% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 621.5k NOK → 658.9k NOK (+6.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 200.0k NOK → 160.0k NOK. Reported fact