Org.nr 853 040 592 2017 → 2018 Year-over-year analysis

AIRCOIL AS: årsregnskap 2018 vs 2017

Grew 23% on revenue

approved 2019-03-05; registry 2019-03-18; journal 2019 239274

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AIRCOIL AS. Revenue 25.30m NOK → 31.05m NOK (+22.7%). Equity 3.85m NOK → 4.19m 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 AIRCOIL AS.

At a glance

Revenue

25.30m NOK 31.05m NOK

+22.7%

Operating result

+1.35m NOK +3.01m NOK

+123.3%

Net result

+958.0k NOK n/m

—

Equity

3.85m NOK 4.19m NOK

+8.6%

Cash

3.61m NOK 4.06m NOK

+12.5%

Total assets

8.82m NOK 9.11m NOK

+3.3%

↑
Revenue rose

Operating income / revenue moved from 25.30m NOK to 31.05m NOK (+22.7% YoY). Calculated
↑
Operating result improved

Operating result +1.35m NOK → +3.01m NOK (op. margin 5.3% → 9.7%). Calculated
↑
Equity strengthened

Book equity 3.85m NOK → 4.19m NOK (equity ratio 43.7% → 46.0%). Calculated
↑
Cash rose

Bank deposits 3.61m NOK → 4.06m NOK (+12.5% YoY). Calculated

·
Payroll increased

Salary cost 3.87m NOK → 4.35m NOK (15% → 14% of revenue). Calculated
·
COGS moved

COGS / varekostnad 18.33m NOK → 21.94m NOK (+19.7% YoY). Calculated