AJ BRA SERVICE AS: årsregnskap 2018 vs 2017
Grew 166% on revenue, returned to profit, cash halved-plus
approved 2019-08-27; registry 2019-09-04; journal 2019 932874
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AJ BRA SERVICE AS. Revenue 196.7k NOK → 523.8k NOK (+166.3%). Net result -35.7k NOK → +70 NOK. Equity -88.7k NOK → 30.0k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AJ BRA SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 196.7k NOK to 523.8k NOK (+166.3% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 35.7k NOK to a profit of 70 NOK. Calculated
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↑
Equity strengthened
Book equity -88.7k NOK → 30.0k NOK (equity ratio -94.7% → 10.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 71.2k NOK → 8 992 NOK (-87.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 57.5k NOK → 10.26m NOK (29% → 1959% of revenue). Calculated