AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS: årsregnskap 2018 vs 2017
Grew 32% on revenue, stronger earnings
approved 2019-02-21; registry 2019-02-26; journal 2019 215713
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS. Revenue 35.44m NOK → 46.79m NOK (+32.0%). Net result +2.24m NOK → +4.61m NOK. Equity 5.11m NOK → 5.72m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 35.44m NOK to 46.79m NOK (+32.0% YoY). Calculated
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Net result improved
Net result +2.24m NOK → +4.61m NOK (net margin 6.3% → 9.9%). Calculated
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Equity strengthened
Book equity 5.11m NOK → 5.72m NOK (equity ratio 36.3% → 34.8%). Calculated
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Cash rose
Bank deposits 4.89m NOK → 12.94m NOK (+164.8% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 10.57m NOK → 11.30m NOK (30% → 24% of revenue). Calculated
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COGS moved
COGS / varekostnad 18.29m NOK → 25.44m NOK (+39.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 432.6k NOK → 593.7k NOK. Reported fact