ABC-COMPANY E-SKUVLA AS: årsregnskap 2018 vs 2017
Grew 36% on revenue, returned to profit, cash halved-plus
approved 2019-06-30; registry 2019-08-10; journal 2019 913064
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABC-COMPANY E-SKUVLA AS. Revenue 4.31m NOK → 5.86m NOK (+36.0%). Net result -274.5k NOK → +191.4k NOK. Equity 1.29m NOK → 1.48m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABC-COMPANY E-SKUVLA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.31m NOK to 5.86m NOK (+36.0% YoY). Calculated
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↑
Operating result improved
Operating result +187.5k NOK → +369.4k NOK (op. margin 4.3% → 6.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 274.5k NOK to a profit of 191.4k NOK. Calculated
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↑
Equity strengthened
Book equity 1.29m NOK → 1.48m NOK (equity ratio 37.4% → 35.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 72.0k NOK → 17.4k NOK (-75.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.26m NOK → 2.45m NOK (52% → 42% of revenue). Calculated