ACTIVE TRANSPORT SERVICE AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2019-06-21; registry 2019-07-11; journal 2019 679601
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACTIVE TRANSPORT SERVICE AS. Revenue 13.87m NOK → 14.44m NOK (+4.2%). Net result +341.2k NOK → +23.9k NOK. Equity 574.1k NOK → 550.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACTIVE TRANSPORT SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.87m NOK to 14.44m NOK (+4.2% YoY). Calculated
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↑
Cash rose
Bank deposits 507.8k NOK → 708.6k NOK (+39.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +477.0k NOK → +80.5k NOK (op. margin 3.4% → 0.6%). Calculated
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↓
Net result weakened
Net result +341.2k NOK → +23.9k NOK (net margin 2.5% → 0.2%). Calculated
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↓
Equity eroded
Book equity 574.1k NOK → 550.2k NOK (equity ratio 10.3% → 10.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.03m NOK → 5.18m NOK (29% → 36% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 5.81m NOK → 5.50m NOK (-5.4% YoY). Calculated