FirmaIQ
Org.nr 979 693 745 2017 → 2018 Year-over-year analysis

AI BUSINESS LAB AS: årsregnskap 2018 vs 2017

Shrank 8% on revenue, stronger earnings

approved 2019-05-28; registry 2019-06-20; journal 2019 477161

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AI BUSINESS LAB AS. Revenue 43.41m NOK → 39.92m NOK (-8.0%). Net result +985.6k NOK → +3.93m NOK. Equity 1.30m NOK → 1.31m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AI BUSINESS LAB AS.

At a glance

Scorecard

Revenue
43.41m NOK 39.92m NOK
-8.0%
Operating result
+4.66m NOK +5.71m NOK
+22.6%
Net result
+985.6k NOK +3.93m NOK
+298.9%
Equity
1.30m NOK 1.31m NOK
+0.4%
Cash
53.8k NOK 35.8k NOK
-33.4%
Total assets
7.36m NOK 8.44m NOK
+14.7%

What improved

  • ↑

    Operating result improved

    Operating result +4.66m NOK → +5.71m NOK (op. margin 10.7% → 14.3%). Calculated

  • ↑

    Net result improved

    Net result +985.6k NOK → +3.93m NOK (net margin 2.3% → 9.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.30m NOK → 1.31m NOK (equity ratio 17.7% → 15.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 1.03×. Calculated

  • ↑

    Payroll decreased

    Salary cost 19.22m NOK → 17.95m NOK (44% → 45% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 43.41m NOK to 39.92m NOK (-8.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 53.8k NOK → 35.8k NOK (-33.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 10.61m NOK → 9.67m NOK (-8.9% YoY). Calculated