AC DESIGN AS: årsregnskap 2018 vs 2017
Grew 38566% on revenue, stronger earnings
approved 2019-04-06; registry 2019-05-22; journal 2019 349181
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AC DESIGN AS. Revenue 1 182 NOK → 457.0k NOK (+38566.2%). Net result +137.1k NOK → +177.4k NOK. Equity 346.5k NOK → 521.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AC DESIGN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 182 NOK to 457.0k NOK (+38566.2% YoY). Calculated
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Operating result improved
Operating result +180.7k NOK → +218.7k NOK (op. margin 15291.1% → 47.9%). Calculated
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Net result improved
Net result +137.1k NOK → +177.4k NOK (net margin 11595.3% → 38.8%). Calculated
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Equity strengthened
Book equity 346.5k NOK → 521.7k NOK (equity ratio 56.9% → 77.3%). Calculated
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Cash rose
Bank deposits 432.1k NOK → 540.1k NOK (+25.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 252.4k NOK → 406.6k NOK (21350% → 89% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 434.2k NOK → 454.7k NOK (+4.7% YoY). Calculated