AB SERVICE AS: årsregnskap 2018 vs 2017
Grew 8% on revenue
approved 2019-03-08; registry 2019-06-27; journal 2019 549423
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AB SERVICE AS. Revenue 5.89m NOK → 6.34m NOK (+7.6%). Net result +423.6k NOK → +387.4k NOK. Equity 3.72m NOK → 4.10m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AB SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.89m NOK to 6.34m NOK (+7.6% YoY). Calculated
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↑
Equity strengthened
Book equity 3.72m NOK → 4.10m NOK (equity ratio 38.3% → 45.0%). Calculated
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↑
Cash rose
Bank deposits 712.5k NOK → 973.0k NOK (+36.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.64m NOK → 2.49m NOK (45% → 39% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +765.9k NOK → +692.1k NOK (op. margin 13.0% → 10.9%). Calculated
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↓
Net result weakened
Net result +423.6k NOK → +387.4k NOK (net margin 7.2% → 6.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.04m NOK → 1.47m NOK (+40.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 46.6k NOK → 38.5k NOK. Reported fact