AGENTUR ROALD KVERNELAND AS: årsregnskap 2018 vs 2017
Slipped into loss
approved 2019-06-30; registry 2019-07-22; journal 2019 760653
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGENTUR ROALD KVERNELAND AS. Revenue 2.65m NOK → 2.57m NOK (-3.1%). Net result +138.4k NOK → -4 030 NOK. Equity 3.89m NOK → 3.88m NOK.
On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGENTUR ROALD KVERNELAND AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 715.9k NOK → 799.2k NOK (+11.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio -114.24× → 8.90×. Calculated
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↑
Payroll decreased
Salary cost 666.4k NOK → 524.1k NOK (25% → 20% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.65m NOK to 2.57m NOK (-3.1% YoY). Calculated
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↓
Operating result weakened
Operating result +222.4k NOK → +33.4k NOK (op. margin 8.4% → 1.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 138.4k NOK profit to a loss of 4 030 NOK. Calculated
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↓
Equity eroded
Book equity 3.89m NOK → 3.88m NOK (equity ratio 100.7% → 91.6%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.46m NOK → 1.22m NOK (-16.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 9 104 NOK → 440.0k NOK. Reported fact