ABRAHAMSEN BYGG OG VEDLIKEHOLD AS: årsregnskap 2018 vs 2017
Grew 41% on revenue, weaker earnings
approved 2019-06-27; registry 2019-07-27; journal 2019 799010
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ABRAHAMSEN BYGG OG VEDLIKEHOLD AS. Revenue 1.25m NOK → 1.76m NOK (+40.5%). Net result +105.1k NOK → +41.3k NOK. Equity 321.1k NOK → 257.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABRAHAMSEN BYGG OG VEDLIKEHOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.25m NOK to 1.76m NOK (+40.5% YoY). Calculated
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↑
Cash rose
Bank deposits 120.6k NOK → 220.1k NOK (+82.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +120.1k NOK → +65.3k NOK (op. margin 9.6% → 3.7%). Calculated
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↓
Net result weakened
Net result +105.1k NOK → +41.3k NOK (net margin 8.4% → 2.4%). Calculated
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↓
Equity eroded
Book equity 321.1k NOK → 257.5k NOK (equity ratio 36.7% → 35.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 82.4k NOK → 1.35m NOK (7% → 77% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 502.4k NOK → 926.9k NOK (+84.5% YoY). Calculated