ABK MACHINES AS: årsregnskap 2018 vs 2017
Grew 113% on revenue, returned to profit
approved 2019-06-28; registry 2019-07-09; journal 2019 629453
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABK MACHINES AS. Revenue 7.13m NOK → 15.16m NOK (+112.6%). Net result -111.5k NOK → +668.5k NOK.
On the constructive side: revenue rose; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABK MACHINES AS.
At a glance
Scorecard
Revenue
7.13m NOK
15.16m NOK
+112.6%
Net result
-111.5k NOK
+668.5k NOK
+699.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.13m NOK to 15.16m NOK (+112.6% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 111.5k NOK to a profit of 668.5k NOK. Calculated
Things to notice
-
·
Payroll increased
Salary cost 512.4k NOK → 542.8k NOK (7% → 4% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 6.26m NOK → 13.56m NOK (+116.6% YoY). Calculated