AK MUR AS: årsregnskap 2018 vs 2017
Grew 427% on revenue, weaker earnings
approved 2019-05-10; registry 2019-06-06; journal 2019 387842
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AK MUR AS. Revenue 397.9k NOK → 2.10m NOK (+427.2%). Net result +161.0k NOK → +128.7k NOK. Equity 88.7k NOK → 217.3k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AK MUR AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 397.9k NOK to 2.10m NOK (+427.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 88.7k NOK → 217.3k NOK (equity ratio 14.9% → 35.8%). Calculated
-
↑
Cash rose
Bank deposits 74.3k NOK → 339.8k NOK (+357.7% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.15× → 1.48×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +193.4k NOK → +172.6k NOK (op. margin 48.6% → 8.2%). Calculated
-
↓
Net result weakened
Net result +161.0k NOK → +128.7k NOK (net margin 40.5% → 6.1%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 385.2k NOK → 659.7k NOK (97% → 31% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 546.8k NOK → 923.3k NOK (+68.9% YoY). Calculated