AIR BP NORWAY AS: årsregnskap 2018 vs 2017
Grew 16% on revenue, cash halved-plus
approved 2019-06-30; registry 2019-08-12; journal 2019 918133
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIR BP NORWAY AS. Revenue 375.3k NOK → 434.5k NOK (+15.8%). Equity 29.26m NOK → 36.54m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AIR BP NORWAY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 375.3k NOK to 434.5k NOK (+15.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 29.26m NOK → 36.54m NOK (equity ratio 33.5% → 42.2%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 737.0k NOK → 752 NOK (-99.9% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 5.75m NOK → 6.48m NOK (1533% → 1492% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 14.35m NOK → 14.40m NOK (+0.3% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 14.51m NOK → 309.0k NOK. Reported fact