FirmaIQ
Org.nr 991 482 148 2017 → 2018 Year-over-year analysis

ABD RØRSERVICE AS: årsregnskap 2018 vs 2017

Grew 6% on revenue, stronger earnings

approved 2019-05-24; registry 2019-06-13; journal 2019 421384

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABD RØRSERVICE AS. Revenue 16.95m NOK → 18.02m NOK (+6.3%). Net result +261.0k NOK → +497.6k NOK. Equity 1.96m NOK → 1.46m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABD RØRSERVICE AS.

At a glance

Scorecard

Revenue
16.95m NOK 18.02m NOK
+6.3%
Operating result
+368.2k NOK +658.7k NOK
+78.9%
Net result
+261.0k NOK +497.6k NOK
+90.7%
Equity
1.96m NOK 1.46m NOK
-25.6%
Cash
568.0k NOK 2.01m NOK
+253.4%
Total assets
5.90m NOK 6.17m NOK
+4.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.95m NOK to 18.02m NOK (+6.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +368.2k NOK → +658.7k NOK (op. margin 2.2% → 3.7%). Calculated

  • ↑

    Net result improved

    Net result +261.0k NOK → +497.6k NOK (net margin 1.5% → 2.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 568.0k NOK → 2.01m NOK (+253.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.96m NOK → 1.46m NOK (equity ratio 33.3% → 23.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.31m NOK → 6.13m NOK (31% → 34% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 8.69m NOK → 8.79m NOK (+1.1% YoY). Calculated