ACHIEVA AS: årsregnskap 2018 vs 2017
Grew 22% on revenue, cash halved-plus
approved 2019-06-30; registry 2019-08-08; journal 2019 903928
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACHIEVA AS. Revenue 3.65m NOK → 4.45m NOK (+22.0%). Equity 362.0k NOK → 891.6k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACHIEVA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.65m NOK to 4.45m NOK (+22.0% YoY). Calculated
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↑
Operating result improved
Operating result +427.5k NOK → +948.4k NOK (op. margin 11.7% → 21.3%). Calculated
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↑
Equity strengthened
Book equity 362.0k NOK → 891.6k NOK (equity ratio 24.6% → 60.1%). Calculated
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↑
Payroll decreased
Salary cost 2.09m NOK → 1.23m NOK (57% → 28% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 476.1k NOK → 14.8k NOK (-96.9% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 20.7k NOK → 210.8k NOK (+917.2% YoY). Calculated