ABC PROFIL AS: årsregnskap 2018 vs 2017
Grew 28% on revenue, stronger earnings
approved 2019-05-31; registry 2019-07-01; journal 2019 572467
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABC PROFIL AS. Revenue 1.79m NOK → 2.30m NOK (+28.3%). Net result +30.2k NOK → +107.4k NOK. Equity 12.17m NOK → 13.28m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABC PROFIL AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.79m NOK to 2.30m NOK (+28.3% YoY). Calculated
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Operating result improved
Operating result +42.5k NOK → +147.1k NOK (op. margin 2.4% → 6.4%). Calculated
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Net result improved
Net result +30.2k NOK → +107.4k NOK (net margin 1.7% → 4.7%). Calculated
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Equity strengthened
Book equity 12.17m NOK → 13.28m NOK (equity ratio 2419.2% → 1843.4%). Calculated
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Cash rose
Bank deposits 96.8k NOK → 216.5k NOK (+123.6% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2 NOK → 3.62m NOK (0% → 157% of revenue). Calculated
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COGS fell
COGS / varekostnad 890.2k NOK → 205.8k NOK (-76.9% YoY). Calculated