ACE OPTIONS NORGE AS: årsregnskap 2018 vs 2017
Grew 52% on revenue, stronger earnings
approved 2018-08-31; registry 2018-09-17; journal 2018 924445
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACE OPTIONS NORGE AS. Revenue 6.77m NOK → 10.30m NOK (+52.1%). Net result +1 321 NOK → +910.5k NOK. Equity -1.44m NOK → -525.5k 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 ACE OPTIONS NORGE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.77m NOK to 10.30m NOK (+52.1% YoY). Calculated
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Operating result improved
Operating result +164.2k NOK → +913.2k NOK (op. margin 2.4% → 8.9%). Calculated
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Net result improved
Net result +1 321 NOK → +910.5k NOK (net margin 0.0% → 8.8%). Calculated
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Equity strengthened
Book equity -1.44m NOK → -525.5k NOK (equity ratio -747.1% → -33.7%). Calculated
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Cash rose
Bank deposits 122.8k NOK → 615.9k NOK (+401.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 994.3k NOK → 1.48m NOK (15% → 14% of revenue). Calculated
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COGS moved
COGS / varekostnad 4.89m NOK → 7.28m NOK (+48.8% YoY). Calculated