FirmaIQ
Org.nr 924 818 816 2017 → 2018 Year-over-year analysis

AF CONSULT MANAGEMENT AS: årsregnskap 2018 vs 2017

Grew 88% on revenue, stronger earnings

approved 2019-05-28; registry 2019-06-25; journal 2019 525188

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AF CONSULT MANAGEMENT AS. Revenue 82.2k NOK → 154.3k NOK (+87.6%). Net result +23.3k NOK → +273.1k NOK. Equity 6.59m NOK → 2.06m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AF CONSULT MANAGEMENT AS.

At a glance

Scorecard

Revenue
82.2k NOK 154.3k NOK
+87.6%
Operating result
+69.5k NOK +123.7k NOK
+78.0%
Net result
+23.3k NOK +273.1k NOK
+1071.0%
Equity
6.59m NOK 2.06m NOK
-68.7%
Cash
176.2k NOK 835.7k NOK
+374.3%
Total assets
6.59m NOK 4.83m NOK
-26.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 82.2k NOK to 154.3k NOK (+87.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +69.5k NOK → +123.7k NOK (op. margin 84.5% → 80.2%). Calculated

  • ↑

    Net result improved

    Net result +23.3k NOK → +273.1k NOK (net margin 28.4% → 177.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 176.2k NOK → 835.7k NOK (+374.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 34.3k NOK (+4 340 NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.59m NOK → 2.06m NOK (equity ratio 100.0% → 42.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.09m NOK → 6.64m NOK. Reported fact