AI ACCOUNTING AS: årsregnskap 2018 vs 2017
Grew 362% on revenue
approved 2019-06-25; registry 2019-07-24; journal 2019 783952
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AI ACCOUNTING AS. Revenue 786.7k NOK → 3.63m NOK (+362.0%). Equity 266.7k NOK → 314.4k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AI ACCOUNTING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 786.7k NOK to 3.63m NOK (+362.0% YoY). Calculated
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↑
Operating result improved
Operating result -312.9k NOK → +65.5k NOK (op. margin -39.8% → 1.8%). Calculated
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↑
Equity strengthened
Book equity 266.7k NOK → 314.4k NOK (equity ratio 155.6% → 24.6%). Calculated
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↑
Cash rose
Bank deposits 471.7k NOK → 522.0k NOK (+10.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.56m NOK → 3.25m NOK (325% → 89% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 77.4k NOK → 92.5k NOK (+19.5% YoY). Calculated