ACTION TRANSPORT AS: årsregnskap 2018 vs 2017
Grew 8% on revenue, weaker earnings
approved 2019-06-25; registry 2019-07-29; journal 2019 811058
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACTION TRANSPORT AS. Revenue 34.64m NOK → 37.30m NOK (+7.7%). Net result +103.2k NOK → +8 626 NOK. Equity 1.09m NOK → 5.50m 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; book investments changed. All figures are taken from the published annual accounts for ACTION TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 34.64m NOK to 37.30m NOK (+7.7% YoY). Calculated
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↑
Equity strengthened
Book equity 1.09m NOK → 5.50m NOK (equity ratio 11.9% → 60.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +220.0k NOK → +4 527 NOK (op. margin 0.6% → 0.0%). Calculated
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↓
Net result weakened
Net result +103.2k NOK → +8 626 NOK (net margin 0.3% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 2.64m NOK → 2.43m NOK (-7.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 18.69m NOK → 19.91m NOK (54% → 53% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 8.71m NOK → 10.40m NOK (+19.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.27m NOK → 1.15m NOK. Reported fact