FirmaIQ
Org.nr 984 648 324 2017 → 2018 Year-over-year analysis

ACINOR AS: årsregnskap 2018 vs 2017

Weaker earnings, cash halved-plus

approved 2019-02-09; registry 2019-05-29; journal 2019 363768

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACINOR AS. Revenue 47.05m NOK → 48.68m NOK (+3.5%). Net result +4.33m NOK → +1.88m NOK. Equity 10.60m NOK → 11.98m NOK.

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

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

At a glance

Scorecard

Revenue
47.05m NOK 48.68m NOK
+3.5%
Operating result
+5.24m NOK +346.4k NOK
-93.4%
Net result
+4.33m NOK +1.88m NOK
-56.6%
Equity
10.60m NOK 11.98m NOK
+13.0%
Cash
7.55m NOK 3.20m NOK
-57.7%
Total assets
21.16m NOK 18.45m NOK
-12.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 47.05m NOK to 48.68m NOK (+3.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 10.60m NOK → 11.98m NOK (equity ratio 50.1% → 65.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +5.24m NOK → +346.4k NOK (op. margin 11.1% → 0.7%). Calculated

  • ↓

    Net result weakened

    Net result +4.33m NOK → +1.88m NOK (net margin 9.2% → 3.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.55m NOK → 3.20m NOK (-57.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.75m NOK → 3.00m NOK (6% → 6% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 36.39m NOK → 39.74m NOK (+9.2% YoY). Calculated