ACK ARKITEKTER AS: årsregnskap 2018 vs 2017
Grew 31% on revenue, returned to profit
approved 2020-04-03; registry 2020-04-18; journal 2020 295373
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACK ARKITEKTER AS. Revenue 3.42m NOK → 4.48m NOK (+30.9%). Net result -495.5k NOK → +398.7k NOK. Equity -268.5k NOK → 130.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACK ARKITEKTER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.42m NOK to 4.48m NOK (+30.9% YoY). Calculated
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Operating result improved
Operating result -470.1k NOK → +449.3k NOK (op. margin -13.7% → 10.0%). Calculated
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Turned profitable
Net result flipped from a loss of 495.5k NOK to a profit of 398.7k NOK. Calculated
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Equity strengthened
Book equity -268.5k NOK → 130.2k NOK (equity ratio -16.6% → 5.4%). Calculated
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Cash rose
Bank deposits 210.6k NOK → 315.7k NOK (+49.9% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.71m NOK → 2.08m NOK (50% → 47% of revenue). Calculated
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COGS fell
COGS / varekostnad 784.6k NOK → 95.1k NOK (-87.9% YoY). Calculated