AGLEN SETTEFISK AS: årsregnskap 2018 vs 2017
Grew 167% on revenue, stronger earnings
approved 2019-05-13; registry 2019-07-31; journal 2019 823860
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AGLEN SETTEFISK AS. Revenue 5.00m NOK → 13.36m NOK (+167.2%). Net result +205.8k NOK → +249.4k NOK. Equity 1.40m NOK → 1.45m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGLEN SETTEFISK AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.00m NOK to 13.36m NOK (+167.2% YoY). Calculated
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Operating result improved
Operating result +274.3k NOK → +603.7k NOK (op. margin 5.5% → 4.5%). Calculated
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Net result improved
Net result +205.8k NOK → +249.4k NOK (net margin 4.1% → 1.9%). Calculated
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Equity strengthened
Book equity 1.40m NOK → 1.45m NOK (equity ratio 14.9% → 41.0%). Calculated
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Cash rose
Bank deposits 425.1k NOK → 673.3k NOK (+58.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.21m NOK → 2.54m NOK (44% → 19% of revenue). Calculated
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COGS moved
COGS / varekostnad 3.47m NOK → 6.26m NOK (+80.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 18.0k NOK → 0 NOK. Reported fact