ADD-ON AS: årsregnskap 2018 vs 2017
Grew 31% on revenue
approved 2019-05-25; registry 2019-06-20; journal 2019 491057
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADD-ON AS. Revenue 8.65m NOK → 11.31m NOK (+30.7%). Equity 1.90m NOK → 2.82m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADD-ON AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.65m NOK to 11.31m NOK (+30.7% YoY). Calculated
-
↑
Equity strengthened
Book equity 1.90m NOK → 2.82m NOK (equity ratio 37.8% → 45.2%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.88m NOK → 1.55m NOK (-17.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.57m NOK → 1.84m NOK (18% → 16% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.21m NOK → 7.58m NOK (+45.6% YoY). Calculated