ACES CUSTOMS AS: årsregnskap 2018 vs 2017
Grew 127% on revenue
approved 2019-05-12; registry 2019-07-02; journal 2019 587439
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACES CUSTOMS AS. Revenue 539.3k NOK → 1.22m NOK (+127.0%). Equity 594.0k NOK → 719.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACES CUSTOMS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 539.3k NOK to 1.22m NOK (+127.0% YoY). Calculated
-
↑
Equity strengthened
Book equity 594.0k NOK → 719.2k NOK (equity ratio 609.5% → 459.0%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +461.0k NOK → +173.6k NOK (op. margin 85.5% → 14.2%). Calculated
-
↓
Cash fell
Bank deposits 367.1k NOK → 336.1k NOK (-8.5% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 437.8k NOK → 485.1k NOK (81% → 40% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 407.6k NOK → 10.1k NOK (-97.5% YoY). Calculated