Org.nr 989 502 581 2017 → 2018 Year-over-year analysis

AE RESTAURANTDRIFT AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-03-19; registry 2019-03-25; journal 2019 249335

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AE RESTAURANTDRIFT AS. Revenue 16.95m NOK → 16.64m NOK (-1.9%). Equity 543.2k NOK → 545.3k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Revenue

16.95m NOK 16.64m NOK

-1.9%

Net result

-14.6k NOK n/m

—

Equity

543.2k NOK 545.3k NOK

+0.4%

Cash

367.2k NOK 392.0k NOK

+6.8%

Total assets

2.56m NOK 2.49m NOK

-2.7%

↑
Equity strengthened

Book equity 543.2k NOK → 545.3k NOK (equity ratio 21.2% → 21.9%). Calculated
↑
Cash rose

Bank deposits 367.2k NOK → 392.0k NOK (+6.8% YoY). Calculated
↑
Payroll decreased

Salary cost 5.02m NOK → 4.71m NOK (30% → 28% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 16.95m NOK to 16.64m NOK (-1.9% YoY). Calculated
↓
COGS moved

COGS / varekostnad 4.00m NOK → 4.15m NOK (+3.6% YoY). Calculated