ACO RENGJØRING AS: årsregnskap 2018 vs 2017
Grew 22% on revenue, weaker earnings
approved 2019-03-19; registry 2019-04-25; journal 2019 288385
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACO RENGJØRING AS. Revenue 4.96m NOK → 6.07m NOK (+22.3%). Net result +10.7k NOK → 0 NOK. Equity -6 236 NOK → 744.8k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACO RENGJØRING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.96m NOK to 6.07m NOK (+22.3% YoY). Calculated
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↑
Operating result improved
Operating result -118.5k NOK → +2 246 NOK (op. margin -2.4% → 0.0%). Calculated
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↑
Equity strengthened
Book equity -6 236 NOK → 744.8k NOK (equity ratio -530.7% → 41.3%). Calculated
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Cash rose
Bank deposits 90.4k NOK → 684.7k NOK (+657.2% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +10.7k NOK → 0 NOK (net margin 0.2% → 0.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 11.88× → 0.74× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 3.91m NOK → 4.03m NOK (79% → 66% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 497.0k NOK → 370.7k NOK (-25.4% YoY). Calculated