FirmaIQ
Org.nr 844 308 302 2017 → 2018 Year-over-year analysis

ABC TRAFIKKSKOLE STEINAR MYHRE AS: årsregnskap 2018 vs 2017

Grew 91% on revenue, returned to profit

approved 2019-06-03; registry 2019-06-20; journal 2019 482099

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABC TRAFIKKSKOLE STEINAR MYHRE AS. Revenue 377.7k NOK → 720.1k NOK (+90.7%). Net result -31.7k NOK → +144.8k NOK. Equity 185.9k NOK → 330.7k NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC TRAFIKKSKOLE STEINAR MYHRE AS.

At a glance

Scorecard

Revenue
377.7k NOK 720.1k NOK
+90.7%
Operating result
n/m +155.6k NOK
—
Net result
-31.7k NOK +144.8k NOK
+557.1%
Equity
185.9k NOK 330.7k NOK
+77.9%
Cash
13.6k NOK 263.4k NOK
+1833.5%
Total assets
229.5k NOK 421.2k NOK
+83.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 377.7k NOK to 720.1k NOK (+90.7% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 31.7k NOK to a profit of 144.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 185.9k NOK → 330.7k NOK (equity ratio 81.0% → 78.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.6k NOK → 263.4k NOK (+1833.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.1k NOK → 7 475 NOK (-53.5% YoY). Calculated