ABK RENHOLD AS: årsregnskap 2018 vs 2017
Grew 8% on revenue
approved 2019-05-30; registry 2019-06-26; journal 2019 531498
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABK RENHOLD AS. Revenue 3.65m NOK → 3.94m NOK (+7.9%). Net result +325.7k NOK → +320.4k NOK. Equity 803.3k NOK → 1 123 NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABK RENHOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.65m NOK to 3.94m NOK (+7.9% YoY). Calculated
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↑
Operating result improved
Operating result +409.1k NOK → +432.1k NOK (op. margin 11.2% → 11.0%). Calculated
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↑
Cash rose
Bank deposits 897.9k NOK → 1.13m NOK (+26.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.26× → 2.08×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 803.3k NOK → 1 123 NOK (equity ratio 188.7% → 0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.67m NOK → 2.88m NOK (73% → 73% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 28.9k NOK → 40.0k NOK (+38.5% YoY). Calculated