AJ VESTFOLD BYGG AS: årsregnskap 2018 vs 2017
Returned to profit
approved 2019-07-30; registry 2019-08-07; journal 2019 883318
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AJ VESTFOLD BYGG AS. Revenue 717.3k NOK → 688.2k NOK (-4.1%). Net result -7.89bn NOK → +47.5k NOK. Equity 123.2k NOK → 184.5k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AJ VESTFOLD BYGG AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 7.89bn NOK to a profit of 47.5k NOK. Calculated
-
↑
Equity strengthened
Book equity 123.2k NOK → 184.5k NOK (equity ratio 64.4% → 73.9%). Calculated
-
↑
Cash rose
Bank deposits 134.5k NOK → 168.1k NOK (+25.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 717.3k NOK to 688.2k NOK (-4.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.25m NOK → 153.1k NOK (-87.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 8 597 NOK → 14.0k NOK. Reported fact