FirmaIQ
Org.nr 998 409 209 2017 → 2018 Year-over-year analysis

AEL HUS- OG HAGEFORNYING AS: årsregnskap 2018 vs 2017

Shrank 24% on revenue, returned to profit

approved 2019-06-20; registry 2019-07-01; journal 2019 575393

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AEL HUS- OG HAGEFORNYING AS. Revenue 1.61m NOK → 1.22m NOK (-24.2%). Net result -107.4k NOK → +41.3k NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.61m NOK 1.22m NOK
-24.2%
Operating result
-110.2k NOK +87.4k NOK
+179.3%
Net result
-107.4k NOK +41.3k NOK
+138.4%
Equity
-59.8k NOK n/m
—
Cash
67.1k NOK 80.8k NOK
+20.5%
Total assets
181.8k NOK 149.5k NOK
-17.8%

What improved

  • ↑

    Operating result improved

    Operating result -110.2k NOK → +87.4k NOK (op. margin -6.8% → 7.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 107.4k NOK to a profit of 41.3k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 67.1k NOK → 80.8k NOK (+20.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.61m NOK to 1.22m NOK (-24.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 424.2k NOK → 3.28m NOK (26% → 268% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 767 NOK → 533.5k NOK (+69451.6% YoY). Calculated