AIVJU AS: årsregnskap 2018 vs 2017
Grew 2181% on revenue, stronger earnings
approved 2019-05-10; registry 2019-05-29; journal 2019 364716
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIVJU AS. Revenue 248.8k NOK → 5.67m NOK (+2180.5%). Net result +333.8k NOK → +748.9k NOK. Equity 598.2k NOK → 347.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIVJU AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 248.8k NOK to 5.67m NOK (+2180.5% YoY). Calculated
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Operating result improved
Operating result +438.7k NOK → +972.6k NOK (op. margin 176.3% → 17.1%). Calculated
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Net result improved
Net result +333.8k NOK → +748.9k NOK (net margin 134.1% → 13.2%). Calculated
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Cash rose
Bank deposits 696.5k NOK → 797.6k NOK (+14.5% YoY). Calculated
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Payroll decreased
Salary cost 3.34m NOK → 1.22m NOK (1343% → 22% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 598.2k NOK → 347.1k NOK (equity ratio 69.3% → 61.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 898.0k NOK → 77.9k NOK (-91.3% YoY). Calculated