ADVENTURE TOURS AS: årsregnskap 2018 vs 2017
Grew 1002% on revenue, weaker earnings
approved 2019-05-02; registry 2019-08-05; journal 2019 865528
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVENTURE TOURS AS. Revenue 142.2k NOK → 1.57m NOK (+1001.7%). Net result +226.4k NOK → +26.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVENTURE TOURS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 142.2k NOK to 1.57m NOK (+1001.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +325.5k NOK → +92.0k NOK (op. margin 228.9% → 5.9%). Calculated
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↓
Net result weakened
Net result +226.4k NOK → +26.6k NOK (net margin 159.2% → 1.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 177.0k NOK → 497.5k NOK (125% → 32% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 19.6k NOK → 83.3k NOK (+325.6% YoY). Calculated