ABJOH HOLDING AS: årsregnskap 2018 vs 2017
Grew 340% on revenue, stronger earnings
approved 2019-05-24; registry 2019-07-02; journal 2019 583079
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABJOH HOLDING AS. Revenue 1.55m NOK → 6.84m NOK (+340.4%). Net result +108.4k NOK → +203.1k NOK. Equity 193.7k NOK → 396.8k 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 ABJOH HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.55m NOK to 6.84m NOK (+340.4% YoY). Calculated
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Operating result improved
Operating result +121.6k NOK → +266.5k NOK (op. margin 7.8% → 3.9%). Calculated
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Net result improved
Net result +108.4k NOK → +203.1k NOK (net margin 7.0% → 3.0%). Calculated
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Equity strengthened
Book equity 193.7k NOK → 396.8k NOK (equity ratio 22.7% → 94.7%). Calculated
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Cash rose
Bank deposits 476.2k NOK → 504.0k NOK (+5.8% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.42m NOK → 2.55m NOK (91% → 37% of revenue). Calculated
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COGS fell
COGS / varekostnad 587.2k NOK → 529.5k NOK (-9.8% YoY). Calculated