AGGAHYTTER PANORAMA AS: årsregnskap 2018 vs 2017
Grew 5% on revenue, stronger earnings
approved 2019-06-30; registry 2019-07-11; journal 2019 676943
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGGAHYTTER PANORAMA AS. Revenue 936.9k NOK → 986.6k NOK (+5.3%). Net result +57.0k NOK → +125.3k NOK. Equity 66.1k NOK → 191.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGGAHYTTER PANORAMA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 936.9k NOK to 986.6k NOK (+5.3% YoY). Calculated
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Operating result improved
Operating result +187.0k NOK → +368.2k NOK (op. margin 20.0% → 37.3%). Calculated
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Net result improved
Net result +57.0k NOK → +125.3k NOK (net margin 6.1% → 12.7%). Calculated
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Equity strengthened
Book equity 66.1k NOK → 191.4k NOK (equity ratio 0.9% → 2.6%). Calculated
What deteriorated
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Cash fell
Bank deposits 490.5k NOK → 256.9k NOK (-47.6% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 3.44× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 214.4k NOK → 214 NOK (-99.9% YoY). Calculated