ACRYLICON MIDT- OG VEST- NORGE AS: årsregnskap 2018 vs 2017
Grew 5% on revenue, stronger earnings
approved 2019-04-11; registry 2019-07-25; journal 2019 793602
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACRYLICON MIDT- OG VEST- NORGE AS. Revenue 32.63m NOK → 34.39m NOK (+5.4%). Net result +1.51m NOK → +2.34m NOK. Equity 3.50m NOK → 3.55m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ACRYLICON MIDT- OG VEST- NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 32.63m NOK to 34.39m NOK (+5.4% YoY). Calculated
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↑
Net result improved
Net result +1.51m NOK → +2.34m NOK (net margin 4.6% → 6.8%). Calculated
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↑
Equity strengthened
Book equity 3.50m NOK → 3.55m NOK (equity ratio 29.7% → 30.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 3.42m NOK → 3.35m NOK (-1.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 13.74m NOK → 14.93m NOK (42% → 43% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 10.22m NOK → 10.01m NOK (-2.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 140.8k NOK → 462.6k NOK. Reported fact