FirmaIQ
Org.nr 913 000 978 2017 → 2018 Year-over-year analysis

AC-MARINE AS: årsregnskap 2018 vs 2017

Grew 55% on revenue, stronger earnings, cash halved-plus

approved 2019-05-29; registry 2019-06-24; journal 2019 510466

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AC-MARINE AS. Revenue 3.17m NOK → 4.92m NOK (+55.1%). Net result +1.29m NOK → +1.81m NOK. Equity 3.38m NOK → 5.19m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AC-MARINE AS.

At a glance

Scorecard

Revenue
3.17m NOK 4.92m NOK
+55.1%
Operating result
n/m +2.37m NOK
—
Net result
+1.29m NOK +1.81m NOK
+40.5%
Equity
3.38m NOK 5.19m NOK
+53.4%
Cash
673.3k NOK 63.8k NOK
-90.5%
Total assets
5.86m NOK 6.65m NOK
+13.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.17m NOK to 4.92m NOK (+55.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.29m NOK → +1.81m NOK (net margin 40.6% → 36.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.38m NOK → 5.19m NOK (equity ratio 57.7% → 78.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 673.3k NOK → 63.8k NOK (-90.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 75.4k NOK → 1.22m NOK (2% → 25% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 145.7k NOK → 692.3k NOK (+375.3% YoY). Calculated